Indian electronics giant Dixon Technologies is making waves again. This time, it’s partnering with China’s HKC Overseas to establish a joint venture worth Rs 370 crore. The focus? Manufacturing display modules for TVs, smartphones, monitors, and even automobiles. The move reinforces Dixon’s commitment to India’s booming electronics sector.
What exactly will the JV do? The partnership will produce Liquid Crystal Display (LCD) modules and Thin Film Transistor LCD (TFT-LCD) modules. These are the backbone of screens in most electronic devices. From your smartphone to your car’s infotainment system, these modules play a crucial role. The venture won’t stop at manufacturing components. It will also assemble finished products like smartphones and TVs. Plus, there’s a plan to introduce HKC-branded products in India.
Breaking down the investment, HKC Overseas will hold a 26 percent stake with an investment of Rs 95.5 crore. Dixon, the majority stakeholder, will invest around Rs 274 crore for a 74 percent share. The agreement, signed on August 16, 2025, is structured in two phases to ensure smooth execution.
Dixon is no stranger to Chinese collaborations. Last month, the company announced another joint venture with Chongqing Yuhai Precision Manufacturing Co Ltd and Kunshan Q Technology’s Indian unit. That partnership zeroed in on producing camera modules and precision parts for mobile phones and laptops. These strategic moves highlight Dixon’s push to strengthen its foothold in India’s electronics manufacturing landscape.
India’s demand for locally made electronic components is surging. With this new joint venture, Dixon is poised to meet that demand head-on. The partnership not only boosts local manufacturing but also enhances India’s self-reliance in the electronics supply chain. It’s a win-win for both companies and the broader industry.
As global supply chains evolve, such collaborations could redefine how India positions itself in the electronics market. Dixon’s aggressive strategy suggests big plans ahead. Stay tuned for more updates as this partnership unfolds.