Dixon and Longcheer Embark on New Joint Venture in India: Dixtel Infocomm

Dixon Technologies has received Indian government approval to form a joint venture with Longcheer, a Chinese firm, through its Singapore-based subsidiary. The joint venture, named Dixtel Infocomm, will focus on manufacturing smart devices. Dixon will hold 74% of the venture's share capital, while Longcheer will own 26%.

Dixon Technologies has secured governmental approval to collaborate with Longcheer in a joint venture (JV) set to enhance India's manufacturing sector.

The new entity, Dixtel Infocomm, will focus on producing smart electronic devices, potentially bolstering local manufacturing capabilities by engaging in non-semiconductor sub-component localisation.

Through this strategic alliance, Dixon will maintain majority ownership while advancing its manufacturing portfolio in partnership with significant Chinese technology firms.