Dixon Technologies and Gemtek sign joint venture deal to make optical transceivers in India

The Economic Times reports Dixon Technologies and Gemtek signed a deal to make optical transceivers and other telecom products in India through Dixon Electroconnect, currently a Dixon subsidiary. Once the transaction is complete, Dixon will own 60% of the venture and Gemtek 40%. Dixon’s regulatory filing says the partnership aims to combine its manufacturing capabilities with Gemtek’s optical-module expertise to address demand tied to AI, cloud computing and networking.