Corporate News 18-Jan-22
Dixon ties up with Imagine 'boAt' to manufacture wireless audio solutions in India
Dixon has entered into Joint Venture Agreement (JV Agreement) with Imagine Marketing for its brand “ boAt ”. Pursuant to the said JV Agreement, the proposed JV Company will be 50% owned by Dixon and 50% owned by Imagine. The proposed JV Company will undertake design & manufacturing of Wireless Audio Solutions in India & the JV partners will co-invest in the evolving Indian mobile accessory market, thereby paving the way towards “Make in India” in this category.
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