Signify, a global leader in lighting, and Dixon Technologies, a top Indian electronics manufacturer, have proposed a 50:50 joint venture to enhance local lighting production. Their partnership will focus on making high-quality LED bulbs, downlights, battens, and more—supporting India’s ‘Make in India’ mission.
Sumit Joshi, CEO of Signify India, emphasizes the venture's role in creating a world-class manufacturing hub, leveraging technology and cost efficiency. Dixon’s MD, Atul B. Lall, highlights shared values of quality and innovation, aiming for operational excellence.
Dixon, known for partnerships with brands like Samsung and Xiaomi, brings strong manufacturing expertise, while Signify contributes lighting innovation. This collaboration strengthens both companies' market presence and boosts India's local manufacturing capabilities.
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