Dixon Technologies (India) Limited — JV/Acquisition, 12-06-2025: Acquisition

Dixon Technologies has announced a 50:50 joint venture with Signify Innovations India, merging Dixon’s entire lighting business, including its subsidiary, with Signify’s LED manufacturing operations. This JV aims to leverage Dixon’s strong manufacturing base and Signify’s lighting expertise to boost their presence in India’s lighting market. The deal is positioned to enhance Dixon’s product portfolio and operational scale in the lighting segment. The JV is targeted to be operational by November 2025, with financial details yet to be finalized.