Dixon Technologies (India) Limited has entered into a joint venture agreement with Taiwan-based Inventec Corporation to manufacture notebook PCs, desktop PCs, components, and servers in India. The newly formed entity, Dixon IT Devices Private Limited, will be held 60% by Dixon and 40% by Inventec. The JV has not yet commenced business operations, and its turnover as of March 31, 2025, is nil.
The agreement outlines a domestic manufacturing operation. No monetary consideration was exchanged between the parties. The board of the joint venture company will comprise three directors nominated by Dixon and two by Inventec. The agreement includes provisions for pre-emptive rights, affirmative voting rights, share transfer restrictions, and other customary governance mechanisms.
“The joint venture marks a significant milestone for Dixon as we expand our portfolio into high growth segments of notebooks & servers,” said Atul B. Lall, Vice Chairman and Managing Director of Dixon. He added, “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.”
“This joint venture utilizes Dixon’s robust domestic manufacturing capabilities and Inventec’s strengths in the capabilities of engineering, supply chain and systems integration. The partnership significantly enhances our operational agility and service coverage within the Indian market,” stated Jack Tsai, President of Inventec
Dixon Technologies (India) Limited is engaged in the manufacturing of a broad range of consumer electronics, home appliances, lighting products, mobile phones, and IT hardware in India. The company also provides repair and refurbishment services, particularly for LED TV panels.