Dixon Technologies is planning to invest approximately USD 600 million in a new display fabrication facility in Noida, India, according to a report by NDTV Profit. The company is seeking support from government initiatives like the India Semiconductor Mission (ISM) 2.0 to fund this project. Additionally, equity partners are expected to contribute around USD 200 million.
This strategic move aims to localize display production, reducing reliance on imports and enhancing supply chain control and cost efficiencies. Currently, India depends heavily on imported displays, and this facility is intended to address that dependency.
The total capital expenditure for the display fab is estimated at USD 3 billion. Dixon is in active discussions with a global technology partner to establish this facility and is awaiting policy guidelines under ISM 2.0 from the Government of India to proceed.
The display fab will cater to Dixon’s existing customers across mobile, television, and notebook segments, while also serving other players in the market.
This initiative is part of Dixon’s broader strategy to strengthen its position in the electronics components industry and support the growth of India’s electronics manufacturing ecosystem.