Joint Venture24 Jul 2025, 09:52 pm
Dixon Technologies to Form Joint Venture with Longcheer Intelligence
AI Summary
Dixon Technologies (India) Limited has received approval from the Ministry of Electronics and Information Technology, Government of India to set up a joint venture company in India along with Longcheer Intelligence Pte. Ltd. The joint venture will carry on the business of manufacture and supply of smart phone/tablets, true wireless stereo, smart watch, Al PC, automotive electronics, healthcare devices, etc. This collaboration will introduce several key advancements, particularly in Original Design Manufacturer (ODM) expertise and will facilitate the localisation of the non-semiconductor sub-component manufacturing in India.
Key Highlights
- Dixon Technologies and Longcheer Intelligence to form a joint venture company in India
- The joint venture will carry on the business of manufacture and supply of various electronics and healthcare devices
- The collaboration will facilitate the localisation of non-semiconductor sub-component manufacturing in India
- The joint venture will introduce several key advancements in Original Design Manufacturer (ODM) expertise
- The formation of this joint venture is subject to signing of definitive agreements between the parties