Dixon Technologies (India) Ltd. has announced it has entered into a definitive joint venture agreement with Longcheer Intelligence to manufacture a wide array of smart devices, as the company looks to play a key role in establishing India as a global hub for electronics design.
The agreement formalises a partnership with Dixtel Infocom Pvt Ltd., serving as the joint venture vehicle. As part of the deal, Dixon Tech will maintain a 74% controlling stake, whereas Longcheer will hold the remaining 26%, the company confirmed through an exchange filing on Saturday.
The joint venture will focus on the manufacturing and supply of smartphones, tablets and wearables. It will also focus on high-growth segments, including AI PCs, automotive electronics and healthcare devices.
The joint venture will focus on the manufacturing and supply of smartphones, tablets, and wearables, as well as high-growth segments including AI PCs, automotive electronics, and healthcare devices.
This is a key pivot for the company that was left with very little to play following Budget 2026, not announcing anything meaningful on the Mobile PLI front.
Using Longcheer's design capabilities, Dixon Tech is expected to facilitate the localisation of non-semiconductor sub-components.
The announcement from Dixon Tech follows an initial development in July last year, where the company received approval from the Ministry of Electronics and Information Technology (MeitY) under the Foreign Exchange Management Rules.
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