Calcom Vision Limited announced that the company has on January 23, 2023, executed a joint venture agreement with Taehwa Enterprises India Private Limited. TAEHWA is a South Korean multinational company headquartered in Busan, South Korea. It comprises numerous affiliated businesses spread across 8 countries around the world.

Taehwa is a pioneer in BLDC motor technology. Taehwa started operations in India in 2004 and within a short period of time, it has become one of the leading Electromechanical Manufacturing Services (EMS) provider companies in the country. Purpose of entering into the agreement: Calcom and Taehwa have entered into a Joint Venture agreement to form a joint venture company for undertaking the manufacturing of BLDC Fans etc.