India, June 4 -- Homegrown electronics manufacturer Dixon Technologies is reportedly seeking a partnership with China's HKC for its display module manufacturing unit and has sought the Indian government's approval.
A CNBC-TV18 report said that Dixon has sought permission under Press Note 3, which mandates government approval for foreign investments from countries sharing a land border with India, including China, Afghanistan, Pakistan, Nepal, Bhutan, Bangladesh and Myanmar.
The proposed partnership involves setting up a display module factory in Noida, catering to mobile phones, laptops and televisions. HKC is expected to hold a minority stake in the project, which aims to commence commercial production of tablets, laptops and mobile ph...
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