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Dixon Advances Noida Display Module Plant While Awaiting Government Nod for HKC Partnership

Having applied under Press Note 3 of 2020, the company is proceeding with its Rs400 crore Noida plant to produce display modules, broadening its electronic component portfolio, integrating digital factory upgrades.

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Overview

  • Dixon has filed for government approval under Press Note 3 of 2020 for a joint venture with China’s HKC, which would see HKC hold a minority stake in the Noida display module factory.
  • The proposed Rs400 crore investment will supply display modules for smartphones, laptops and tablets, marking Dixon’s entry into high-tech component manufacturing.
  • Dixon’s joint venture with Vivo India is on track to raise smartphone assembly capacity to about 100 million units annually by next year.
  • The company is exploring production of camera modules, mechanical parts and batteries for electronic devices in line with its Production-Linked Incentive scheme commitments.
  • In partnership with Dassault, Dixon is deploying Industry 4.0 and digital transformation tools across its factories to achieve smart manufacturing standards.