News Orders & Deals Dixon Technologies Completes Joint Venture Investment with Longcheer Intelligence in Dixel InfocomDixon Technologies Completes Joint Venture Investment with Longcheer Intelligence in Dixel Infocom
Dixon Technologies completed its joint venture with Longcheer Intelligence on 3rd March, 2026, investing ₹7.39 crores for a 74% stake in Dixel Infocom Private Limited. Longcheer invested ₹2.60 crores for the remaining 26% shareholding. The joint venture will focus on manufacturing smartphones, tablets, smart watches, AI PCs, automotive electronics, and healthcare devices, enhancing ODM capabilities and supporting localization of electronics manufacturing in India.
*this image is generated using AI for illustrative purposes only.
Dixon Technologies (India) Limited has successfully consummated its joint venture agreement with Longcheer Intelligence Pte. Ltd., marking a significant milestone in the company's strategic expansion into advanced electronics manufacturing. The transaction was completed on 3rd March, 2026, following the initial joint venture agreement executed on 14th February, 2026.
Investment Details and Shareholding Structure
The joint venture involves strategic investments from both partners in Dixel Infocom Private Limited, with Dixon Technologies taking the majority stake. The investment breakdown demonstrates the commitment of both companies to this collaborative venture.
| Parameter: | Details |
|---|---|
| Dixon Investment: | ₹7.39 crores |
| Longcheer Investment: | ₹2.60 crores |
| Dixon Shareholding: | 74% (73,90,000 equity shares) |
| Longcheer Shareholding: | 26% (26,00,000 equity shares) |
| Share Face Value: | ₹10 per share |
Target Company Profile
Dixel Infocom Private Limited serves as the joint venture entity, incorporated on 20th September, 2023, under the Companies Act, 2013. The company is headquartered in Noida, Uttar Pradesh, and is positioned to become a key player in electronics manufacturing.
Financial Position
| Metric: | Amount |
|---|---|
| Authorized Share Capital: | ₹12 crores |
| Paid-up Share Capital: | ₹10 crores |
| Net Worth (31st December, 2025): | ₹(1.89) lakhs |
| Turnover FY 2024-25: | Nil |
Historical Performance
| Financial Year: | Turnover |
|---|---|
| 2022-23: | Not applicable (incorporated 20th September, 2023) |
| 2023-24: | Nil |
| 2024-25: | Nil |
Business Scope and Strategic Objectives
The joint venture company will focus on manufacturing and supplying a diverse range of electronic products. The business portfolio encompasses multiple high-growth segments in the electronics industry.
Product Portfolio:
- Smartphones and tablets
- True wireless stereo devices
- Smart watches
- AI-enabled personal computers
- Automotive electronics
- Healthcare devices
Strategic Impact and Market Positioning
This collaboration introduces several key advancements, particularly in Original Design Manufacturer (ODM) expertise. The partnership will facilitate the localization of non-semiconductor sub-component manufacturing in India, aligning with the government's Make in India initiative and supporting the country's electronics manufacturing ecosystem.
Regulatory Compliance
The transaction has been structured as a related party transaction conducted on an arm's length basis. All requisite governmental and regulatory approvals required for the acquisition have been obtained. The disclosure has been made pursuant to Regulation 30 of SEBI Listing Regulations and SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 30th January, 2026.
Following this investment, Dixel Infocom Private Limited has ceased to be a wholly-owned subsidiary of Dixon Technologies, transitioning to a joint venture structure that leverages the complementary strengths of both partners in the electronics manufacturing sector.
Historical Stock Returns for Dixon Technologies
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -3.58% | -8.32% | -0.32% | -39.10% | -26.57% | +160.50% |
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