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Dixon Technologies eyes display fabrication unit with $3 bln capex

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Dixon Technologies eyes display fabrication unit with $3 bln capex

This story was originally published at 22:03 IST on January 20, 2025  Back
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By Steffy Maria Paul and Sunil Raghu

Dixon Technologies (India) Ltd. is in talks with a global technology partner to set up a display fabrication unit for mobiles, televisions, laptops, and tablets that could cost up to $3 billion, the company's management said in an analyst call held after the December quarter earnings were detailed. Of the $3 billion that the project would require in capital expenditure, the majority would have to come in as government subsidies. The unit has the potential to generate up to $2 billion in revenues and double-digit margins. The gestation period for setting up this project will be three years, the company said.

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