Joint Venture30 Apr 2025, 12:26 pm
Dixon Technologies (India) Ltd Enters Joint Venture Agreement with Inventec Corporation for Manufacturing of Notebook PC Products, Servers, and Desktop PC Products in India
AI Summary
Dixon Technologies (India) Ltd has entered into a Joint Venture Agreement with Inventec Corporation for manufacturing of Notebook PC Products, Servers, Desktop PC Products including Components in India. The JV Company will be held in the proportion of 60:40 by the Company and Inventec Corporation respectively. The JV Agreement is subject to satisfactory completion of conditions precedent as set out in the JV Agreement.
Key Highlights
- Dixon Technologies (India) Ltd and Inventec Corporation have entered into a Joint Venture Agreement for manufacturing of Notebook PC Products, Servers, Desktop PC Products including Components in India.
- The JV Company will be held in the proportion of 60:40 by Dixon Technologies (India) Ltd and Inventec Corporation respectively.
- The JV Agreement is subject to satisfactory completion of conditions precedent as set out in the JV Agreement.
- Inventec Corporation is one of the world’s top 5 PC ODM.
- The partnership aligns with the Government of India’s vision of promoting domestic manufacturing & self-reliance under the Make in India scheme.