Dixon Technologies’ shares rose after its subsidiary, Dixon Electroconnect, partnered with Gemtek Technology to form a joint venture. This new entity will manufacture and supply optical transceivers and other telecom products in India. Dixon will hold a 60% stake in the venture, aiming to leverage manufacturing prowess with Gemtek’s optical module expertise for high-speed networks and data centres.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets