- 02 May 2025
- ICICIdirect Research
DIXON TECHNOLOGIES (INDIA) LIMITED HAS ENTERED INTO A JV WITH TAIWAN-BASED INVENTEC CORPORATION
News: Dixon Technologies (India) Limited has entered into a JV with Taiwan-based Inventec Corporation to enhance IT hardware manufacturing in India, where Dixon will hold 60% stake and Inventec holds the remaining 40%. The joint venture aims to manufacture a range of IT hardware products, including notebook PCs, desktop PCs, servers, and related components, within India
View: Inventec Corporation is recognized as one of the world's top five original design manufacturers (ODMs) for PCs. Their expertise in design and manufacturing is expected to complement Dixon's capabilities, potentially making the joint venture a significant player in the global IT hardware market. Dixon has already onboarded four out of five global laptop brands(HP, Acer, Asus, Lenovo) and with this partnership with Inventec corporation it further deepens its footprints. This aligns with Dixon’s projections to reach cumulative revenue of ₹48,000 crore from IT hardware in next 6 years leveraging these partnerships.
Impact: Positive