The proposed acquisition will be executed through a combination of primary and secondary investments, as stated by the company in a regulatory filing. Financial details of the deal were not disclosed.
“Dixon and Q Tech Group are pleased to announce the execution of a binding term sheet on July 15, 2025, for the proposed acquisition of an aggregate of 51% shareholding in Q Tech India by Dixon for the purpose of collaboration in manufacturing & supply of camera and fingerprint modules for mobile handsets, internet of things (IoT) systems, and automotive applications,” the filing stated.
The completion of the acquisition is contingent upon the signing of definitive agreements, receipt of any applicable regulatory approvals, and fulfilment of customary conditions precedent.
This strategic move is set to grant Dixon access to advanced technology, high-precision manufacturing capabilities, and a specialised talent pool, facilitating its expansion within India’s burgeoning electronics component industry. Currently, Q Tech India provides services across IT support, cybersecurity, home automation, and web development.
Commenting on the acquisition, Atul B. Lall, Vice Chairman and Managing Director of Dixon Technologies (India), said, “Acquiring majority stake in Qtech India is a major step forward in Dixon’s journey foraying into development and production of camera modules and fingerprint recognition modules across mobile handsets, IoT devices and automotive applications, thereby strengthening backward integration plans of the Company.”(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times)
