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Dixon Technologies (India) Ltd entered a binding term sheet with Chongqing Yuhai Precision Manufacturing Co. Limited to form a joint venture in India. Dixon will hold 74% and Chongqing 26% of the JV, which will manufacture precision components for laptops, mobile phones, IoT devices, and automotive products.
“This Joint venture with Chongqing will focus on manufacturing precision mechanical & metal parts & components for a wide range of applications including laptops, mobiles, IOT, automotive.”cnbctv18.com
Summarized from public sources; check the original articles before acting on it.