Thursday, July 17, 2025

Dixon and Signify Partner to Establish Lightanium Technologies in Equal Joint Venture Under Government Review of Chinese Collaborations

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Dixon Technologies (India) Ltd has announced a strategic partnership with Signify Innovations to establish a 50:50 joint venture named Lightanium Technologies, aimed at enhancing their lighting operations amid regulatory scrutiny surrounding recent collaborations with Chinese suppliers. The joint venture will engage in the OEM business of lighting products and is part of a broader realignment of Dixon’s lighting sector. As outlined in their regulatory filing, Dixon will acquire a 40.37% stake in Lightanium by transferring its lighting business, a move expected to strengthen its market position in India. Additionally, the government is set to review Dixon’s individual agreements with Chinese manufacturers for potential compliance with regulatory frameworks.

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