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The Economic Times
The Economic Times
Business
Veer Sharma

Dixon Tech shares rise as subsidiary enters JV to manufacture optical telecom products

Dixon Dixon Technologies India

Shares of Dixon Technologies (India) gained over 1% to Rs 11,738 on the BSE on Wednesday after its subsidiary, Dixon Electroconnect, entered into an agreement with Gemtek Technology to form a joint venture in India for manufacturing and supplying optical transceivers and other telecom products.

According to the company, the proposed venture will manufacture and supply Optical Transceiver-SFP (Small Form-Factor Pluggable), BOSA (Bidirectional Optical Subassembly), and other telecom products that the parties mutually agree upon from time to time.

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