Signify Innovations India is setting the stage for a strategic leap into the OEM lighting market, teaming up with Dixon Technologies to craft a new joint venture. The two companies have inked a binding term sheet—a crucial first step toward a full-fledged collaboration focused on lighting products and accessories.
This planned partnership remains subject to all the usual formalities: finalizing definitive agreements, ticking off regulatory approvals, and wrapping up standard preconditions. But if all goes according to plan, the deal could reshape the contours of India’s lighting OEM landscape.
Behind the scenes, the corporate gears were well-oiled. A team from JSA steered Signify India through the term sheet process, assembling a bench of specialists across corporate and competition law. From guiding the initial legal framework to navigating the competitive nuances of the deal, their counsel played a central role in setting the groundwork for what could be a game-changing alliance.
As Signify India and Dixon Technologies move closer to sealing this partnership, all eyes are now on the next steps—and what this fusion could mean for the broader lighting industry.
