Dixon Technologies, one of India’s leading contract manufacturers, has sought government approval to partner with China-based HKC for manufacturing display modules for smartphones, laptops, and tablets. The approval is mandatory under Press Note 3 of 2020, which requires prior government consent for foreign investments from countries sharing a land border with India.
“HKC is one of the large companies as far as the display tab is concerned. So we plan to partner with them for putting up a display module factory (in Noida), catering to mobile phones, laptops and televisions. We are looking at a minority stake for them. We have already filed the application (before the government),” said Sunil Vachani, Executive Chairman, Dixon Technologies.
Dixon also plans significant investments in components and display modules and is exploring more partnerships for manufacturing diodes and other electronic components. The company is working with French group Dassault on smart manufacturing initiatives, aiming to transform its facilities into "lighthouse factories" through Industry 4.0 practices.