Dixon Tech, Longcheer form JV to make smartphones, AI PCs, smart devices in India; total initial investment at about Rs 10 cr

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Dixon Technologies has finalized its joint venture with Longcheer Intelligence. The new entity, Dixtel Infocomm, will manufacture electronics like smartphones and smartwatches. Dixon will hold a 74% stake, with Longcheer holding 26%. This collaboration aims to boost ODM expertise and localize component production in India. The move follows eased government approvals for investments from bordering countries.