Dixon Technologies (India) Limited has signed a binding term sheet to acquire a 51% stake in Kunshan Q Tech Microelectronics (India) Private Limited (Q Tech India). The proposed acquisition marks a major strategic move by Dixon to expand its footprint in the critical components segment, specifically in the manufacturing and distribution of camera and fingerprint modules used in mobile phones, IoT devices, and automotive applications.
The agreement was executed on July 15, 2025, between Dixon and Q Tech India’s shareholders—Q Technology (Singapore) Private Limited and Kunshan Q Technology International Limited—collectively referred to as the Q Tech Group. The deal will be executed through a mix of primary and secondary investments.
This acquisition, once finalised, will give Dixon access to high-end technology, precision manufacturing capabilities, and a skilled talent pool, significantly boosting its ability to serve India’s growing electronics and mobile manufacturing ecosystem.
The transaction is still subject to the signing of definitive agreements, necessary regulatory approvals, and completion of standard conditions precedent.