Huike received approval to establish a joint venture display company in India

On March 9, Dixon Technologies (India) announced that it had received approval from the Indian Ministry of Electronics and Information Technology (MeitY) to establish a proposed joint venture with HKC Overseas.

According to the announcement, HKC Overseas, an overseas subsidiary of HKC Corporation, was approved to acquire a minority stake in DDTPL, a wholly-owned subsidiary of Dixon. Upon completion of the transaction, DDTPL will be converted into a joint venture, with Dixon holding 74% and HKC Overseas holding the remaining 26%.

The two companies had previously signed a Share Subscription and Shareholders Agreement (SSHA) on August 16, 2025, which clarified the cooperation structure and operation management framework of the joint venture.

It is reported that the joint venture company DDTPL will focus on the research and development, manufacturing and distribution of display technology, including liquid crystal modules (LCM) and thin film transistor liquid crystal display (TFT-LCD) modules. The company plans to supply display components to various fields including mobile phones, laptops, car screens, TVs, monitors and industrial equipment.

Industry executives said the joint venture will help strengthen domestic manufacturing of display components in India and reduce dependence on international suppliers.

Information shows that Dixon Technologies is committed to manufacturing products for the consumer durables, lighting and mobile phone markets. It started manufacturing color TVs in 1994 and its business has expanded to various segments of electronic products. (Compiled by TrendForce Display)