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Taiwan-based firm Inventec Corporation enters India with Dixon tie up
The new JV will set up a separate plant in Kancheepuram, Tamil Nadu, with an annual capacity of 2 million laptops and notebooks
Surajeet Das Gupta New Delhi
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Taiwanese original design manufacturer giant Inventec Corporation is entering India through a joint venture (JV) with Dixon Technologies (India) to manufacture notebook personal computers (PCs), desktop PCs, desktop PC components, and servers.
In a stock exchange filing, Dixon said it will hold a 60 per cent stake in the JV, while the remaining 40 per cent will be owned by the Taiwanese company, which has over $20 billion in annual revenue. As part of the arrangement, Dixon will appoint three directors to the board, while its JV partner will appoint two.
The new JV will set up a separate plant
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