Dixon Technologies (India) Ltd News Today

The new JV will be equally held by Dixon and Signify with 50% stake each. The deal does not state that either company will have ownership stakes in each other's existing businesses.

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With this tie up, Dixon Electro Manufacturing would now spread its footprint in the refrigerator market, reaching more household across India.

After accounting for the extraordinary gain, the company's net profit in Q2FY25 climbed 109% year-over-year to ₹236 Crores. 

The partnership aims to boost the production of IT products, particularly notebooks, as part of the growing collaboration between Dixon Technologies and global tech brands.

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Dixon Technologies (India) announced in July that it intended to sell its whole 50% stake in the joint venture business to Aditya Infotech.

HP is a global leader in personal computing, imaging, and printing products, as well as related technology solutions and services.

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