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Industry heads set to visit China to expand alliances
A delegation of 16-17 top executives from Indian companies like Dixon Technologies, JBM, and Hero Future Energies will visit China next week to explore partnership opportunities. The three-day trip, starting April 6, aims to benchmark advanced manufacturing, technology, and decarbonisation, and seek global value chain integration.
cityfalcon.com·1d ago
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Dixon launches India's first homegrown display module fab with broad capacity expansion
Dixon Technologies is accelerating its push into display module manufacturing, backed by an INR11 billion (US$118.74 million) investment in a new facility in the Noida–Greater Noida region. The plant, approved under India's Electronics Component Manufacturing Scheme (ECMS), will serve as the company's first dedicated display module fabrication unit and marks a significant milestone in its backward integration strategy.
cityfalcon.com·3d ago
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Dixon Technologies poised for volume revival as China JV overhang finally clears: Renu Baid Pugalia
India's revised investment rules are unlocking Chinese joint ventures, with Dixon Technologies poised to benefit significantly. The company's pre-built partnerships, including a key display module JV and a stalled Vivo venture, are now on a fast track. While margins will take time to improve, this policy shift removes business volume risks and opens doors for power equipment manufacturing.
cityfalcon.com·25d ago
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Indian shares join global relief rally on Trump’s Iran comments
Indian shares settled higher on Tuesday, climbing from their lowest levels in nearly a year, as crude oil prices eased in a relief rally enabled by comments from U.S. President Donald Trump read by market participants as de-escalatory. The Nifty 50 ended0.97% higher at 24,261.60 and the BSE Sensex rose0.82% to 78,205.98. The benchmark indexes had posted their sharpest fall in a month on Monday, with the volatility index surging to a 21-month high after crude oil cleared $100 a barrel. Higher crude oil prices are a key risk for net energy importer India. “Today’s market is just reflecting what is happening on the crude side and the global risk-off sentiment taking a backseat temporarily,” said Aishvarya Dadheech, founder and chief investment officer at Fident Asset Management. READ MORE: Indian shares suffer worst fall in a month “However, we will only see a major relief rally in the Indian market when crude goes down to $70 or below, and that will only happen when we have more clarity on the outcome of the war,” Dadheech said.
cityfalcon.com·26d ago
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Dixon Tech shares in focus after MeitY clears JV with China’s HKC
Dixon Technologies will be in focus after receiving government approval to form a joint venture with China’s HKC Overseas to manufacture display modules in India. The partnership aims to boost local electronics manufacturing, support the domestic component ecosystem and reduce import dependence under the government’s Make in India initiative.
cityfalcon.com·26d ago
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