The proposed acquisition will probably be executed via a mixture of major and secondary investments, as acknowledged by the corporate in a regulatory submitting. Monetary particulars of the deal weren’t disclosed.
“Dixon and Q Tech Group are happy to announce the execution of a binding time period sheet on July 15, 2025, for the proposed acquisition of an mixture of 51% shareholding in Q Tech India by Dixon for the aim of collaboration in manufacturing & provide of digital camera and fingerprint modules for cell handsets, web of issues (IoT) techniques, and automotive functions,” the submitting acknowledged.
The completion of the acquisition is contingent upon the signing of definitive agreements, receipt of any relevant regulatory approvals, and fulfilment of customary circumstances precedent.
This strategic transfer is ready to grant Dixon entry to superior know-how, high-precision manufacturing capabilities, and a specialised expertise pool, facilitating its growth inside India’s burgeoning electronics part business. Presently, Q Tech India supplies companies throughout IT assist, cybersecurity, residence automation, and net growth.
Commenting on the acquisition, Atul B. Lall, Vice Chairman and Managing Director of Dixon Applied sciences (India), mentioned, “Buying majority stake in Qtech India is a significant step ahead in Dixon’s journey foraying into growth and manufacturing of digital camera modules and fingerprint recognition modules throughout cell handsets, IoT units and automotive functions, thereby strengthening backward integration plans of the Firm.”(Disclaimer: Suggestions, solutions, views and opinions given by the specialists are their very own. These don’t signify the views of the Financial Instances)
