Dixon Technologies (India) Limited has received the green light from the Ministry of Electronics and Information Technology (MEITY), Government of India, to set up a joint venture in collaboration with Singapore-based Longcheer Intelligence Pte Ltd. The approval falls under the Foreign Exchange Management (Non-Debt Instruments) Rules, 2019, which govern foreign direct investments in India.
As per the approved structure, Dixon will hold a 74% stake in the proposed joint venture, while Longcheer will own the remaining 26%, subject to the finalisation of binding agreements between the two firms. Dixtel Infocom Private Limited, currently a fully owned subsidiary of Dixon, will become the joint venture entity once the transaction is completed.
This approval, granted on July 23, 2025, qualifies as a Press Note 3 (PN3) approval, as required for foreign investments originating from countries that share land borders with India. The detailed terms of MEITY’s clearance are outlined in the official letter issued on the same date.
The newly formed joint venture will focus on manufacturing and supplying smartphones, tablets, smartwatches, true wireless audio devices, AI-enabled PCs, automotive electronics, and healthcare technology products. This strategic move will help Dixon advance its capabilities in Original Design Manufacturing (ODM), enabling it to go beyond assembly and strengthen product development for both domestic and export markets.
The partnership will also support the localisation of key non-semiconductor components, including precision mechanical parts, which are currently imported. Furthermore, it will enhance in-house software-hardware integration, facilitating end-to-end design and product development within India. Final implementation of the joint venture is subject to the execution of definitive agreements between Dixon and Longcheer.
Dixon Technologies is a prominent Indian electronics manufacturing services (EMS) provider, catering to diverse sectors such as consumer electronics, home appliances, lighting, and mobile phones. With a robust infrastructure, the company delivers end-to-end solutions, including product design, manufacturing, and after-sales services. Headquartered in Noida, Dixon has played a pivotal role in supporting India’s “Make in India” initiative, contributing significantly to domestic manufacturing and reducing import dependency. Its commitment to innovation, quality, and operational excellence has made it a trusted partner for global and Indian brands, reinforcing its leadership in the EMS space.
