Dixon, HKC Form Joint Venture for Display Manufacturing in India

• Dixon Technologies partners HKC Overseas for ₹370 crore display module manufacturing project.
• Focus on producing TFT-LCD and LCD modules for electronics and automotive displays.
• JV to assemble finished goods like televisions and smartphones for Indian market.

Dixon Technologies, an Indian electronics manufacturer, has partnered with HKC Overseas, a Chinese company. The joint venture intends to establish a ₹370 crore project to produce display modules for autos, cellphones, televisions, and monitors.

The partnership will concentrate on producing Thin Film Transistor LCD (TFT-LCD) and Liquid Crystal Display (LCD) modules. These are necessary to power electronic screens, including those on TVs, cell phones, laptops, monitors, and automobile displays.

In addition to producing components, the business will also assemble finished goods like televisions and cellphones. The strategy also calls for direct sales of HKC-branded goods in the Indian market.

According to the regulatory filing, HKC Overseas Ltd would invest approximately ₹95.5 crore (USD 10.998 million) to acquire a 26% share in the new company, Dixon Display Technologies Pvt Ltd (DDTPL).

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Dixon Technologies will contribute approximately ₹274 crore (USD 31.3 million) in two stages and have a 74% share in the business. On August 16, 2025, the joint venture agreement—known as the Share Subscription and Shareholders’ Agreement (SSHA)—was signed.

This is Dixon's second partnership with Chinese companies. A month prior, the business had announced a joint venture with the Indian division of Kunshan Q Technology and Chongqing Yuhai Precision Manufacturing Co Ltd. Its goal was to manufacture precise parts for computers and mobile phones as well as electrical components like camera modules.

At a time when there is a growing need for locally produced components, Dixon is progressively increasing its position in India's electronics manufacturing industry through these collaborations.