{"id":16333,"date":"2022-01-18T12:50:38","date_gmt":"2022-01-18T07:20:38","guid":{"rendered":"https:\/\/tradebrains.in\/features\/biz-dixon-boat-2\/"},"modified":"2022-01-18T12:53:07","modified_gmt":"2022-01-18T07:23:07","slug":"biz-dixon-boat-2","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/biz-dixon-boat-2\/","title":{"rendered":"Dixon, boAt form 50:50 JV to manufacture Bluetooth enabled audio devices"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-313598857\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>New Delhi, Jan 18 (PTI) Electronics manufacturing firm Dixon Technologies and Imagine Marketing &#8212; the parent company of earwear brand boat &#8212; have formed a 50:50 joint venture to manufacture Bluetooth enabled audio devices.<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-3926349216\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div>\n<p>\u201cThe company and Imagine have entered into a joint venture agreement to form a joint venture company for undertaking the manufacture of Bluetooth enabled audio devices,\u201d said a regulatory filing by Dixon Technologies.<\/p>\n<p>The proposed JV Company will undertake design and manufacturing of Wireless Audio Solutions in India &#038; the JV partners will co-invest in the evolving Indian mobile accessory market, a joint statement said.<\/p>\n<p>\u201cThe association will enable the companies to meet the evolving needs of customers by delivering high-quality and aspirational lifestyle-focused hearable solutions, backed by quality manufacturing and robust R&#038;D,\u201d it said.<\/p><div class=\"trade-content_5\" id=\"trade-163027326\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div>\n<p>Both the companies will nominate two directors each on the board of the JV.<\/p>\n<p>\u201cBoth the JV Partners i.e. Company and Imagine shall have right to equity shares in proportion to their respective shareholding structure,\u201d Dixon said.<\/p>\n<p>\u201cThe equity shares of the proposed JV Company will be issued to the Company and Imagine in equal proportion i.e. 50:50,\u201d it added.<\/p>\n<p>Dixon Technologies Vice Chairman &#038; Managing Director said the company has been manufacturing wearables for boAt since the previous fiscal year and now the business relationship is getting cemented with this Joint Venture.<\/p>\n<p>\u201cThrough our partnership, we aim to provide boAt with a faster ability to scale up manufacturing in India with our low-cost structure, high quality and superior execution track record. We strive to develop innovative products with boAt for not only the discerning Indian consumers but also for global markets,\u201d he said.<\/p>\n<p>Last week, Imagine Marketing had announced to acquire Singapore-based KaHa Pte, an end-to-end smart IoT product development company, a move that will help it to create next-generation IoT enabled wearable products and ecosystem.<\/p><div class=\"trade-content-10\" id=\"trade-1994755134\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_3_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"2969612066\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div>\n<p>While Dixon Technologies had also announced to enter into a JV agreement with Japan-based Rexxam Co Ltd to manufacture printed circuit boards (PCBs) for air-conditioners for the domestic and international markets.<\/p>\n<p>Founded in 1993, Dixon Technologies provides manufacturing and design-focused solutions in consumer durables, home appliances, lighting, mobile phones, security devices, set-top boxes, wearables and medical equipment to customers.  PTI KRH  BAL<\/p>\n<div class=\"trade-after-content\" id=\"trade-3803179169\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>New Delhi, Jan 18 (PTI) Electronics manufacturing firm Dixon Technologies and Imagine Marketing &#8212; the parent company of earwear brand boat &#8212; have formed a 50:50 joint venture to manufacture Bluetooth enabled audio devices. \u201cThe company and Imagine have entered into a joint venture agreement to form a joint venture company for undertaking the manufacture [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[1696,31],"tags":[],"class_list":["post-16333","post","type-post","status-publish","format-standard","hentry","category-corporate-action","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Dixon, boAt form 50:50 JV to manufacture Bluetooth enabled audio devices - Trade Brains Features<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tradebrains.in\/features\/biz-dixon-boat-2\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Dixon, boAt form 50:50 JV to manufacture Bluetooth enabled audio devices\" \/>\n<meta property=\"og:description\" content=\"New Delhi, Jan 18 (PTI) Electronics manufacturing firm Dixon Technologies and Imagine Marketing &#8212; 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