Dixon Technologies has announced the incorporation of a new joint venture (JV) company named “Lightanium Technologies Private Limited.” The JV is a strategic partnership with Signify Innovations India Limited (formerly Philips Lighting India). Lightanium Technologies was incorporated on June 26, 2025, to operate as an Original Equipment Manufacturer (OEM) for lighting products and accessories. Dixon has acquired a 50% stake in the JV by subscribing to 25,00,000 equity shares for Rs. 2.50 crore. The move is designed to leverage Dixon’s manufacturing prowess and Signify’s leadership in the lighting industry, strengthening Dixon’s position in India’s lighting ecosystem.

About Dixon Technologies
Dixon Technologies is India’s largest homegrown design-focused and solutions company engaged in manufacturing products in the consumer durables, lighting, and mobile phones/smartphones space on an OEM/ODM basis for a portfolio of global and Indian brands. Its diversified product portfolio includes LED TVs, washing machines, lighting products, mobile phones, and security systems.

2025 has been a year of expansion for Dixon. Earlier in February, the company announced a significant capital expenditure plan to enhance its manufacturing capacity for refrigerators and other home appliances, aligning with the government’s PLI scheme. This new JV with Signify is another step in its strategy to deepen its component ecosystem and move up the value chain.

Financial Highlights (Q4 FY25)
In its results for the quarter ended March 31, 2025, Dixon Technologies reported a stellar performance with consolidated revenue surging to Rs. 4,850 crore. The growth was primarily led by a strong order book in its mobile and EMS division. The company’s net profit for the quarter was approximately Rs. 102 crore, underscoring its operational excellence and ability to capitalize on the electronics manufacturing boom in India.

The company’s Promoter and Promoter Group, led by Executive Chairman Mr. Sunil Vachani, holds a significant stake. As of June 2025, a large portion of the shareholding is also with Foreign Institutional Investors (FIIs) and Domestic Institutional Investors (DIIs), reflecting strong institutional confidence in the company’s growth story.