Overview

• The partners executed a Share Subscription and Shareholders’ Agreement on August 16, 2025, formally creating Dixon Display Technologies Pvt Ltd
• Dixon is committing about $31.3 million in two tranches while HKC has invested roughly $11 million into the Rs 370 crore venture
• The new company will manufacture LCD/TFT-LCD modules and assemble end products including smartphones, TVs, monitors and auto displays for the domestic market
• This tie-up extends Dixon’s strategy of collaborating with Chinese component firms to deepen local supply chains and support device assembly for clients such as Vivo India
• Final clearance under India’s Press Note 3 (2020) rules on border-sharing nation investments remains a key pending regulatory step