Electronics manufacturing services company Dixon Technologies has entered into a joint venture agreement with Taiwanese IT hardware giant Inventec Corporation for manufacturing personal computers, components and servers in India. The joint venture, Dixon IT Devices Private Limited, will focus on manufacturing notebook PC products, desktop PC products, including components, and servers within India, according to a regulatory filing. "Dixon Technologies (India) Limited (Company) has on 30 April 2025 entered into a Joint Venture Agreement with Inventec Corporation and Dixon IT Devices Private Limited, (JV Company), a wholly owned subsidiary of the Company (JV Agreement) for governing inter-se relationship of the Company and Inventec Corporation in respect of operation and management of the JV Company," the filing said. Under the terms of the agreement, Dixon Technologies will hold a 60 per cent stake in the joint venture, while Inventec Corporation will own the remaining 40 per cent.
Union Minister Ashwini Vaishnaw rolled out guidelines for the Electronics Component Manufacturing Scheme to boost domestic manufacturing, attract investments, and build a strong electronics ecosystem
Industry awaits fine print as scheme promises over 5% incentives
A total of 91,600 direct jobs are likely to be generated under the scheme, Union electronics and information technology minister Ashwini Vaishnaw said
The scheme focuses on key components such as batteries, displays, camera modules, and printed circuit boards (PCBs) to enhance India's electronics supply chain and reduce import dependence
Three teams out of 58 entrants took top honours in the Indian Web Browser Development Challenge, with Ashwini Vaishnaw announcing the winners on Thursday
Union Minister for Electronics and Information Technology Ashwini Vaishnaw on Saturday said two electronics manufacturing clusters worth Rs 1,112 crore, will be set up in Tamil Nadu. Speaking at the inauguration of Zetwerk Electronics' seventh manufacturing facility in Sriperumbudur, about 55 kms from here, Vaishnaw highlighted that the electronics industry has become the country's second largest export sector, surpassing several traditional industries in the past decade. The new facility, part of a Rs 1,000 crore investment, will produce electronic components for various sectors, including consumer durables and IT hardware, and will serve both domestic and international markets in the future. After unveiling the plaque to mark the inauguration of the Zetwerk electronics plant, Vaishnaw emphasised how the electronics industry had rapidly grown, overtaking several long-standing export industries in the last 10 years. Zetwerk Electronics co-founder, Rahul Sharma noted that the new pl
Young Liu discussed critical minerals, storage plans, and improving the component ecosystem during the 45-minute drive with the minister
Nomura pointed out that India is strategically positioned to capitalise on these changes, especially as the US looks to adjust its approach to trade with India, particularly in electronics
Union Minister for Electronics and IT Ashwini Vaishnaw on Saturday laid the foundation stone for four manufacturing units at the Electronics Manufacturing Cluster in Mahabubnagar district of Telangana. As part of the ceremony, foundation stones were laid for upcoming Giga Factory-1 of Amara Raja company, critical minerals refining and battery recycling unit of Lohum company, cell casing manufacturing unit of Scell Energy, and first LFP-CAM Giga Factory of Altmin, an official release said. Addressing the gathering, Vaishnaw said electric mobility remains a focus area for the government. The government is committed to developing the right infrastructure and ecosystem for the promotion and adoption of EVs. We welcome Indian innovation and manufacturing initiatives and look forward to the success of this endeavor, the release quoted Vaishnaw as saying. As part of its objective to strengthen the electronics manufacturing ecosystem in India and give boost to EV manufacturing and supply .
The US is the largest market for India's electronics exports, accounting for 33 per cent of the total as of 2023-24 (FY24)
Govt proposes only 25% of total remuneration received by expats to be treated as taxable profits
The manufacturing firm has assembled a leadership team with extensive experience in electronics manufacturing to drive operations and innovation
Dixon Technologies' Mobile and Electronics Manufacturing Services (EMS) division emerged as the primary engine of the company's success during Q3, analysts said.
The Ministry of Electronics and IT proposed giving manufacturers of components like batteries and camera parts at least Rs 23,000 crore ($2.7 billion) in support
Construction Tata Electronics' first chipmaking unit in Gujarat is already underway with its first phase valued at Rs 91,000 crore
Cost disadvantage for Indian manufacturers competing with other countries falls to 12% from 18% earlier
The Chennai-based company is targeting over a 40 percent rise in its revenue in the next two years
Electronics manufacturing giant Foxconn has infused about Rs 1,200 crore -- approximately USD 144 million -- into its Karnataka-based Foxconn Hon Hai Technology India Mega Development Pvt Ltd, the company said in a recent regulatory filing. The iPhone contract manufacturer's Singapore-based arm Foxconn Singapore Pte has bought over 120.35 crore stocks of Foxconn Hon Hai Technology India Mega Development Pvt Ltd at Rs 10 per share on August 21. The Karnataka government in a statement last week said Foxconn is planning to invest Rs 25,000 crore to establish a massive manufacturing plant near Dodda Ballapur that will create 40,000 jobs. "The unit in Karnataka will soon become the second-largest Foxconn plant after China's unit. It will create 40,000 direct jobs, especially for middle-level educated individuals, and our investment will not stop here; in the future, we plan to explore other sectors also," Foxconn Chairman Young Liu was quoted as saying in the statement. With the fresh .
PM Modi reposted Ashwini Vaishnaw's post on X citing Business Standard's front page story in Monday's edition, which reported that electronics exports were among top 3 categories in India