Dixon Technologies, a leading Indian contract manufacturer, has applied for government approval to partner with China-based HKC for setting up a display module manufacturing facility in Noida. The collaboration aims to produce display components for smartphones, laptops, and televisions. As HKC is headquartered in China, the proposal requires prior approval under Press Note 3 (2020), which mandates government clearance for foreign investments from countries sharing land borders with India.
“HKC is among the major global players in the display segment. We intend to collaborate with them to establish a display module plant in Noida, with HKC taking a minority stake in the venture. The application has already been submitted,” said Sunil Vachani, Executive Chairman of Dixon Technologies.
In addition to this partnership, Dixon is planning substantial investments in component manufacturing, including diodes and other electronic parts, and is actively exploring additional collaborations. The company is also working with Dassault Group of France on smart manufacturing projects, aiming to develop Industry 4.0 'lighthouse factories' by integrating advanced automation and digital technologies across its operations.
News by Rahul Yelligetti.