Dixon Technologies (India) Limited — JV/Acquisition, 17-07-2025: Acquisition

Dixon Technologies has formed a 50:50 joint venture, Lightanium Technologies Private Limited, with Signify Innovations. Dixon contributes its lighting business (INR 828 Cr turnover last year) and DTSPL subsidiary (INR 372 Cr turnover). Signify will inject INR 140.30 Cr and transfer its Vadodara LED factory to the JV. This strategic move bolsters Dixon's manufacturing excellence, aiming to strengthen its foothold in India's lighting ecosystem by shifting a substantial part of its lighting operations into the new OEM-focused JV.