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Dixon Technologies and Gemtek Form Optical Transceiver Manufacturing JV
Dixon Technologies and Gemtek have agreed to start a business together in India.
The new business will make parts that help carry information through optical networks, along with other telecom products.
It will operate through Dixon Electroconnect, a Dixon subsidiary.
Dixon is set to own 60% of the venture, while Gemtek will own 40%.
Dixon will choose three members of its five-person board, and Gemtek will choose two.
The companies say their combined manufacturing and technology skills will help serve demand from data centres and communications networks.
The deal is expected to be completed by February 3, 2027.
Dixon Technologies India Ltd signed a joint venture agreement with Gemtek Technology Co to manufacture optical transceivers and other telecom products in India.
The business will operate through Dixon Electroconnect Pvt Ltd, currently a wholly owned subsidiary of Dixon Technologies.
After completion, Dixon will own 60% of the joint venture and Gemtek 40%; neither company will hold a direct equity stake in the other.
The venture plans to make SFP optical transceivers, BOSA units and other telecom products for the Indian market.
The transaction is expected to be completed by February 3, 2027, and the JV board will have three Dixon nominees and two Gemtek nominees.
- Who
- Dixon Technologies India Ltd and Gemtek Technology Co
- What
- They signed an agreement to form a joint venture to manufacture optical transceivers and other telecom products.
- Where
- India
- When
- The agreement was reported on October 7, 2026; completion is expected by February 3, 2027.
- Why
- The companies aim to combine Dixon's manufacturing capabilities with Gemtek's expertise and address demand associated with AI, cloud and edge computing, data centres, networking and optical communications.
Dixon Technologies
Gemtek Technology
Ownership and board representation
Dixon Technologies
Dixon is set to hold 60% of the JV and nominate three of its five directors, including the chairperson.
Gemtek Technology
Gemtek is set to hold 40% of the JV and nominate two of its five directors.
Contribution to the venture
Dixon Technologies
Dixon brings large-scale manufacturing capabilities.
Gemtek Technology
Gemtek brings expertise in high-speed optical modules, telecom infrastructure and networking technologies.
Key facts
- Operating entity
- Dixon Electroconnect Pvt Ltd, currently wholly owned by Dixon Technologies
- Dixon's planned stake
- 60%
- Gemtek's planned stake
- 40%
- Planned products
- SFP optical transceivers, BOSA units and other telecom products
- JV board
- Five directors: three nominated by Dixon, including the chairperson, and two by Gemtek
- Expected completion
- February 3, 2027
Quotes
Dixon Technologies regulatory filing
Company regulatory disclosure describing the expected purpose of the joint venture.
“The Proposed Transaction is expected to enable the company to enter the data centre, telecom and optical-connectivity ecosystem by combining the company’s large-scale manufacturing capabilities with Gemtek’s expertise in high-speed optical modules, telecom infrastructure and networking technologies”
thehindubusinessline.com
Sources
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