Dixon and Signify Launch Equal Partnership in India

Posted in

March 27, 2025

Dixon and Signify Launch Equal Partnership in India

Dixon Technologies and Signify have entered into a binding term sheet to establish a joint venture in India, aimed at operating as an original equipment manufacturer (OEM) for lighting products and accessories. Both companies will hold equal stakes of 50% in the new entity, which will handle Signify’s OEM orders as well as manufacturing for other brands. The arrangement involves Dixon transferring its lighting business to the joint venture, while Signify will invest cash to acquire its LED manufacturing operations. The venture is contingent upon finalizing details in definitive agreements and obtaining necessary regulatory approvals.

Original source:

https://www.business-standard.com/markets/capital-market-news/dixon-and-signify-announce-50-50-joint-venture-in-india-125032700764_1.html

Dixon and Signify Launch Equal Partnership in India

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