Dixon Enters in JV with Inventec to Boost IT Hardware Manufacturing in India

Dixon Technologies has entered into a JV Taiwan-based original design manufacturer Inventec to expand its IT hardware manufacturing operations. The new company has been named as Dixon IT Devices Private Ltd. where Dixon will own 60% shares while Inventec will own 40%. This partnership aims to produce a range of IT hardware products including notebook PCs, desktops, servers, and related components within India.

Dixon confirmed in an exchange filing that the new venture will manufacture these products domestically, supporting the government’s push for local production under the Production Linked Incentive (PLI) scheme, which allocates Rs 22,000 crore for electronics component manufacturing. All of Dixon’s subsidiaries involved in making components will individually apply for benefits under the PLI program.

This marks Dixon’s second major international collaboration, following its 2023 partnership with Chinese company Longcheer for smartphone manufacturing. Inventec, which supplies devices for top brands like HP and Dell, will bring its strong design capabilities to the venture. A dedicated manufacturing facility is also planned as part of the collaboration.

Dixon Vice Chairman and MD Atul B Lall said the partnership is a key step in expanding into high-growth areas like notebooks and servers, with a focus on innovation and quality production. Additionally, Dixon aims to set up a large manufacturing park to cater to global clients.

As per recent estimates, India’s IT hardware sector is expected to more than double in size over the next two years, driven by rising domestic and international demand and strong government support.

Source: Outlook Business