Dixon Technologies to acquire a 56% stake in Ismartu India for $29m.

Dixon Technologies, an electronic goods contract manufacturing firm, agreed to acquire a 56% stake in Ismartu India, a manufacturer of mobile phones, tables and electronics devices, for $29m. This acquisition represents a significant milestone for Dixon Technologies (India), reinforcing its position as a leading design-focused solutions provider in the consumer durables, lighting, and mobile phones markets. With a clear strategic vision and a commitment to innovation, Dixon is poised for sustained success in the dynamic realm of consumer electronics.