Friday, 24 March, 2023

Dixon Tech, Imagine Marketing's JV to provide wireless audio solutions in India

<p>Dixon, a homegrown contract manufacturer, formed an equal joint venture with Imagine Marketing, the makers of Boat Brand electronics. The JV intends to design and manufacture wireless audio solutions in India. As part of the Make in India initiative, the partners will also co-invest in the evolving Indian mobile accessory market. Dixon CFO Saurabh Gupta said the JV will invest Rs 40Cr over the coming four years.</p>