Contract manufacturer Dixon Technologies is mulling to make display modules and has finalised the technology partner to form a joint venture for the same. The company is targeting to create a capacity of almost 25 million in the Delhi NCR region in the first phase. The capex for this is reported to be almost $30 million without land and building.
The company is also looking to get into precision components and mechanicals, which is currently under deep study. “These are going to be the next significant steps forward to consolidate our mobile business,” the managing director said.
Dixon is reportedly now making smartphones and feature phones for “top six brands” except one large global brand.
“There are several brands dominating in the Indian mobile field, so we are ramping up. The ramp-up takes some time, but we feel confident that quarter-on-quarter this volume will keep on increasing,” he said.
“We are expecting a significant ramp-up in the coming months ahead of the festive season,” he added.
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