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Firm Matters

Vama Sundari Investments (Delhi) Private Limited | Joint venture with Foxconn

  • 25-May-2026

Khaitan & Co advised and assisted Vama Sundari Investments (Delhi) Pvt Ltd (an investment company of the HCL Group) on its joint venture with Foxconn Hon Hai Technology India Mega Development Pvt Ltd for establishment and operation of an outsourced semiconductor assembly and test factory in India.

The Firm assisted and advised Vama Sundari Investments (Delhi) Pvt Ltd with reviewing, negotiating and finalising the definitive agreements comprising of the joint venture agreement and the technology license agreement.

Deal Team

Vama Sundari

 The core team consisted of Bharat Anand (Senior Partner), Tanvi Kumar (Partner), Nimisha Trehan (Partner) and Aayush Thapar (Principal Associate)

The deal was assisted by: 

Intellectual Property: Nirupam Lodha (Partner), Malika Nandkeolyar (Principal Associate) and Toshani Mukherjee (Senior Associate)

Competition /Antitrust: Pranjal Prateek (Partner) and Armaan Gupta (Principal Associate)