Dixon Technologies (India) has announced a joint venture agreement with Taiwan-based Inventec to strengthen its presence in the IT hardware manufacturing sector.
The new joint venture, named Dixon IT Devices Private Ltd, will be owned 60% by Dixon and 40% by Inventec, which is a leading original design manufacturer (ODM) for IT hardware.
A stock exchange filing on Wednesday stated that the joint venture will be dedicated to producing notebook PCs, servers, desktops, and related PC components in India.
Dixon Technologies stated that the partnership aligns with its strategy to expand in this business segment and supports its broader strategic objectives and growth plans.
“This joint venture marks a significant milestone for Dixon as we expand our portfolio into high growth segments of notebooks & servers. With Dixon’s operational efficiency and local expertise and Inventec’s technological prowess in the IT hardware segment, we shall be striving to produce high-quality products while driving technological innovation and contributing to the development of India’s IT infrastructure,” said Atul B. Lall, vice chairman and managing director, Dixon.
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