MEITY Approves Dixon Technologies HKC Overseas Joint Venture for Display Modules

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Dixon Technologies, HKC Overseas form JV for display modules after MEITY nod

Dixon Technologies, HKC Overseas form JV for display modules after MEITY nod

C

CNBC TV18•10-03-2026, 00:20

Dixon Technologies, HKC Overseas form JV for display modules after MEITY nod

•Dixon Technologies received MEITY approval to form a joint venture with HKC Overseas Ltd.
•The JV will convert Dixon Display Technologies Private Ltd (DDTPL), with Dixon holding 74% and HKC 26% equity.
•The venture will focus on manufacturing advanced display modules for mobile phones, notebooks, automotive, TVs, and industrial applications.
•Aims to strengthen India’s domestic electronics manufacturing, reduce import reliance, and support 'Make in India'.
•Q3 revenue grew 2.1% to ₹10,671 crore; mobile business dropped 27% QoQ; EBITDA rose 5.8%.

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