Dixon Technologies: Difference between revisions

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| products = {{plainlist|
| products = {{plainlist|
*[[Consumer electronics]]
*[[Consumer electronics]]
*[[Home appliance]]
*[[Home appliance]]s
*[[Lighting|Lighting Solutions]]
*[[Lighting|Lighting solutions]]
*[[Mobile Phones]]
*[[Mobile phone]]s
*Security Devices
*Security devices}}
| services = {{plainlist|
*[[Electronics manufacturing services]]
*[[Reverse logistics]]}}
*[[Reverse logistics]]}}
| services = [[Electronics manufacturing services]]
| revenue = {{Increase}} {{INRConvert|6449|c}} (FY 2021)<ref name="FY 2021"/>
| revenue = {{Increase}}{{INRConvert|3680.70|c}} (2020) <ref name="Dixon Technologies Financial 2020">[https://dixoninfo.com/json/dixon/quarterly-result/NSEBMOUTCOME11062020.pdf "Balance Sheet 31.03.2020"].</ref>
| operating_income = {{Increase}}{{INRConvert|217|c}} (FY 2021)<ref name="FY 2021"/>
| operating_income = {{Increase}}{{INRConvert|177.51|c}} (2020)<ref name="Dixon Technologies Financial 2020"/>
| profit = {{Increase}}{{INRConvert|159|c}} (FY 2021)<ref name="FY 2021">{{cite news |title=Results-Financial Year 31/03/2021 |url=https://www.bseindia.com/xml-data/corpfiling/AttachLive/80da9f5b-4122-4141-b712-0f7a6a9c8767.pdf |access-date=27 May 2021 |work=BSE}}</ref>
| profit = {{Increase}}{{INRConvert|110.61|c}} (2020)<ref name="Dixon Technologies Financial 2020"/>
| assets = {{Increase}}{{INRConvert|1421.29|c}} (2020)<ref name="Dixon Technologies Financial 2020"/>
| equity = {{increase}}{{INRConvert|514.16|c}} (2020)<ref name="Dixon Technologies Financial 2020"/>
| num_employees = 10,119 (2019) <ref>{{cite web|url=https://dixoninfo.com/json/dixon/annual-reports/Dixon-AR-2018-19_Low-resolution_v2.pdf |title=Annual report |publisher=dixoninfo.com |date=2019 |accessdate=2021-02-08}}</ref>
| parent =  
| parent =  
| subsid = {{plainlist|
| subsid = {{plainlist|
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}}
}}


'''Dixon Technologies (India) Ltd''' is an Indian [[Multinational corporation|multinational]] [[electronics manufacturing services]] [[company]], based in [[Noida]], [[Uttar Pradesh]], [[India]]. It is a [[contract manufacturer]] of [[televisions]], [[washing machines]], [[smartphones]], [[LED lamp|LED bulbs]], [[batten]]s, [[recessed light|downlighters]] and [[Closed-circuit television|CCTV security systems]] for companies such as [[Samsung]], [[Xiaomi]], [[Panasonic]] and [[Philips]].<ref>{{cite news |title=Dixon Technologies Says This Is 'Y2K Moment' For Indian Contract Manufacturers |url=https://www.bloombergquint.com/business/dixon-technologies-says-this-is-y2k-moment-for-indian-contract-manufacturers |accessdate=30 November 2020 |work=BloombergQuint}}</ref><ref>{{cite news |title=Bottomline: Why Dixon Technologies may not be the best way to play the 'China Plus One' shift |url=https://www.cnbctv18.com/business/dixon-technologies-pli-scheme-6588081.htm |accessdate=30 November 2020 |work=cnbctv18.com}}</ref><ref>{{cite news |title=Dixon's chance to be India's Foxconn |url=https://the-ken.com/story/dixons-chance-to-be-indias-foxconn/ |accessdate=30 November 2020 |work=The Ken}}</ref> It has 10 manufacturing units in [[Noida]], [[Dehradun]] and [[Tirupati]], as well as the largest television, washing machine and bulb assembly plants in India.<ref>{{cite news |title=Dixon to open 3rd handset assembly plant by Jan with Rs75 Cr investment - ET Telecom |url=https://telecom.economictimes.indiatimes.com/news/dixon-to-open-3rd-handset-assembly-plant-by-jan-with-rs75-cr-investment/78557880 |accessdate=30 November 2020 |work=Economic Times |language=en}}</ref><ref>{{cite news |title=Dixon Technologies (India) - Make-in-India, with size and scale aiding import substitution |url=https://bsmedia.business-standard.com/_media/bs/data/market-reports/equity-brokertips/2019-12/15766508020.54311600.pdf |accessdate=30 November 2020 |work=business-standard.com}}</ref> The company is listed on [[Bombay Stock Exchange|BSE]] and [[National Stock Exchange of India|NSE]] since its [[initial public offering]] in 2017.<ref>{{cite news |last1=Dhanjal |first1=Swaraj Singh |title=Dixon Technologies to launch Rs600 crore IPO on 6 September |url=https://www.livemint.com/Money/a3Cheesp516d76v9cJPfOK/Dixon-Technologies-to-launch-Rs600-crore-IPO-on-6-September.html |accessdate=30 November 2020 |work=mint |date=30 August 2017 |language=en}}</ref><ref>{{cite news |title=Why analysts feel Dixon has a long way to go |url=https://economictimes.indiatimes.com/markets/stocks/news/up-192-in-one-year-what-can-drive-dixon-technologies-shares-further-higher/articleshow/78540117.cms |accessdate=30 November 2020 |work=The Economic Times}}</ref>
'''Dixon Technologies (India) Ltd''' is an Indian [[electronics manufacturing services]] company, based in [[Noida]]. It is a [[contract manufacturer]] of [[televisions]], [[washing machines]], [[smartphones]], [[LED lamp|LED bulbs]], [[batten]]s, [[recessed light|downlighters]] and [[Closed-circuit television|CCTV security systems]] for companies such as [[Samsung]], [[Xiaomi]], [[Panasonic]] and [[Philips]].<ref>{{cite news |title=Dixon Technologies Says This Is 'Y2K Moment' For Indian Contract Manufacturers |url=https://www.bloombergquint.com/business/dixon-technologies-says-this-is-y2k-moment-for-indian-contract-manufacturers |accessdate=30 November 2020 |work=BloombergQuint}}</ref><ref>{{cite news |title=Bottomline: Why Dixon Technologies may not be the best way to play the 'China Plus One' shift |url=https://www.cnbctv18.com/business/dixon-technologies-pli-scheme-6588081.htm |accessdate=30 November 2020 |work=cnbctv18.com}}</ref><ref>{{cite news |title=Dixon's chance to be India's Foxconn |url=https://the-ken.com/story/dixons-chance-to-be-indias-foxconn/ |accessdate=30 November 2020 |work=The Ken}}</ref> It has 10 manufacturing units in [[Noida]], [[Dehradun]] and [[Tirupati]], as well as the largest television, washing machine and bulb assembly plants in India.<ref>{{cite news |title=Dixon to open 3rd handset assembly plant by Jan with Rs75 Cr investment - ET Telecom |url=https://telecom.economictimes.indiatimes.com/news/dixon-to-open-3rd-handset-assembly-plant-by-jan-with-rs75-cr-investment/78557880 |accessdate=30 November 2020 |work=Economic Times |language=en}}</ref><ref>{{cite news |title=Dixon Technologies (India) - Make-in-India, with size and scale aiding import substitution |url=https://bsmedia.business-standard.com/_media/bs/data/market-reports/equity-brokertips/2019-12/15766508020.54311600.pdf |accessdate=30 November 2020 |work=business-standard.com}}</ref> The company is listed on [[Bombay Stock Exchange|BSE]] and [[National Stock Exchange of India|NSE]] since its [[initial public offering]] in 2017.<ref>{{cite news |last1=Dhanjal |first1=Swaraj Singh |title=Dixon Technologies to launch Rs600 crore IPO on 6 September |url=https://www.livemint.com/Money/a3Cheesp516d76v9cJPfOK/Dixon-Technologies-to-launch-Rs600-crore-IPO-on-6-September.html |accessdate=30 November 2020 |work=mint |date=30 August 2017 |language=en}}</ref><ref>{{cite news |title=Why analysts feel Dixon has a long way to go |url=https://economictimes.indiatimes.com/markets/stocks/news/up-192-in-one-year-what-can-drive-dixon-technologies-shares-further-higher/articleshow/78540117.cms |accessdate=30 November 2020 |work=The Economic Times}}</ref>


==History==
==History==
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In 2018, Dixon signed a deal with [[Xiaomi]] to manufacture LED television sets at its Tirupati plant.<ref>{{cite news |last1=Mukherjee |first1=Writankar |title=Xiaomi Mi TV: Xiaomi & Dixon Tech join hands for Make-in-India 'Mi' TV launch in August, to make 55K sets every month |url=https://economictimes.indiatimes.com/magazines/panache/xiaomi-dixon-tech-join-hands-for-make-in-india-mi-tv-launch-in-august-to-make-55k-sets-every-month/articleshow/64536538.cms |access-date=8 February 2021 |work=The Economic Times}}</ref>
In 2018, Dixon signed a deal with [[Xiaomi]] to manufacture LED television sets at its Tirupati plant.<ref>{{cite news |last1=Mukherjee |first1=Writankar |title=Xiaomi Mi TV: Xiaomi & Dixon Tech join hands for Make-in-India 'Mi' TV launch in August, to make 55K sets every month |url=https://economictimes.indiatimes.com/magazines/panache/xiaomi-dixon-tech-join-hands-for-make-in-india-mi-tv-launch-in-august-to-make-55k-sets-every-month/articleshow/64536538.cms |access-date=8 February 2021 |work=The Economic Times}}</ref>


In January 2020, Dixon entered a partnership with [[Samsung]] for local production of LED televisions.<ref>{{cite news |last1=Mukherjee |first1=Writankar |title=Samsung signs agreement with Dixon to manufacture TV sets in India |url=https://economictimes.indiatimes.com/industry/cons-products/electronics/samsung-signs-agreement-with-dixon-to-manufacture-tv-sets-in-india/articleshow/73091044.cms |access-date=8 February 2021 |work=The Economic Times}}</ref> In December 2020, it was reported that Dixon's subsidiary Padget Electronics would manufacture smartphones for [[Motorola]].<ref>{{cite news |title=Dixon Technologies’ subsidiary to make smartphones for Motorola |url=https://www.thehindubusinessline.com/info-tech/dixon-technologies-subsidiary-to-make-smartphones-for-motorola/article33435646.ece |access-date=8 February 2021 |work=@businessline |language=en}}</ref> In January 2021, Dixon announced that it would manufacture wireless speakers for the Indian company boAt Lifestyle.<ref>{{cite news |title=boAt joins hands with Dixon Technologies for new Twin Wireless Speakers |url=https://www.livemint.com/technology/tech-news/boat-joins-hands-with-dixon-technologies-for-new-twin-wireless-speakers-11609933877590.html |access-date=8 February 2021 |work=mint |date=6 January 2021 |language=en}}</ref> Later that month, Padget Electronics signed a contract with [[HMD Global]] to manufacture [[Nokia]] smartphones at its Noida plant.<ref>{{cite news |title=Dixon Technologies Arm Inks Deal With HMD India For Manufacturing Nokia Smartphones |url=https://www.moneycontrol.com/news/business/dixon-technologies-arm-inks-deal-with-hmd-india-for-manufacturing-nokia-smartphones-6393251.html |access-date=8 February 2021 |work=Moneycontrol}}</ref>
In January 2020, Dixon entered a partnership with [[Samsung]] for local production of LED televisions.<ref>{{cite news |last1=Mukherjee |first1=Writankar |title=Samsung signs agreement with Dixon to manufacture TV sets in India |url=https://economictimes.indiatimes.com/industry/cons-products/electronics/samsung-signs-agreement-with-dixon-to-manufacture-tv-sets-in-india/articleshow/73091044.cms |access-date=8 February 2021 |work=The Economic Times}}</ref> In December 2020, it was reported that Dixon's subsidiary Padget Electronics would manufacture smartphones for [[Motorola]].<ref>{{cite news |title=Dixon Technologies’ subsidiary to make smartphones for Motorola |url=https://www.thehindubusinessline.com/info-tech/dixon-technologies-subsidiary-to-make-smartphones-for-motorola/article33435646.ece |access-date=8 February 2021 |work=@businessline |language=en}}</ref> In January 2021, Dixon announced that it would manufacture wireless speakers for the Indian company [[BoAt|boAt Lifestyle]].<ref>{{cite news |title=boAt joins hands with Dixon Technologies for new Twin Wireless Speakers |url=https://www.livemint.com/technology/tech-news/boat-joins-hands-with-dixon-technologies-for-new-twin-wireless-speakers-11609933877590.html |access-date=8 February 2021 |work=mint |date=6 January 2021 |language=en}}</ref> Later that month, Padget Electronics signed a contract with [[HMD Global]] to manufacture [[Nokia]] smartphones at its Noida plant.<ref>{{cite news |title=Dixon Technologies Arm Inks Deal With HMD India For Manufacturing Nokia Smartphones |url=https://www.moneycontrol.com/news/business/dixon-technologies-arm-inks-deal-with-hmd-india-for-manufacturing-nokia-smartphones-6393251.html |access-date=8 February 2021 |work=Moneycontrol}}</ref>


==See also==
==See also==
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[[Category:Home appliance manufacturers of India]]
[[Category:Home appliance manufacturers of India]]
[[Category:Indian companies established in 1993]]
[[Category:Indian companies established in 1993]]
[[Category:1993 establishments in Uttar Pradesh]]
[[Category:Companies listed on the National Stock Exchange of India]]
[[Category:Companies listed on the Bombay Stock Exchange]]
[[Category:Companies listed on the Bombay Stock Exchange]]
[[Category:Companies listed on the National Stock Exchange of India]]
[[Category:Manufacturing companies based in Noida]]
[[Category:1993 establishments in Uttar Pradesh]]
 


{{India-company-stub}}
{{India-company-stub}}

Latest revision as of 07:41, 2 September 2021


Dixon Technologies (India) Ltd
Traded as
ISININE935N01012
IndustryElectronics
Founded28 January 1993; 32 years ago (1993-01-28) (as Weston Utilities Limited.)
Founder(s)Sunil Vachani
Headquarters
Noida, Uttar Pradesh, India
Area served
Worldwide
Key people
Products
Services
RevenueIncrease ₹6,449 crore (US$740 million) (FY 2021)[1]
Increase₹217 crore (US$25 million) (FY 2021)[1]
Increase₹159 crore (US$18 million) (FY 2021)[1]
Subsidiaries
  • Padget Electronics Private Limited
[2]
Websitedixoninfo.com

Dixon Technologies (India) Ltd is an Indian electronics manufacturing services company, based in Noida. It is a contract manufacturer of televisions, washing machines, smartphones, LED bulbs, battens, downlighters and CCTV security systems for companies such as Samsung, Xiaomi, Panasonic and Philips.[3][4][5] It has 10 manufacturing units in Noida, Dehradun and Tirupati, as well as the largest television, washing machine and bulb assembly plants in India.[6][7] The company is listed on BSE and NSE since its initial public offering in 2017.[8][9]

History[edit]

Dixon Technologies was founded in 1993 by Sunil Vachani. His father Sundar Vachani had been manufacturing televisions under the Weston brand which had launched the first colour television in India; his business struggled later on due to the emergence of other companies.[10] Dixon initially manufactured 14-inch televisions, Sega video game consoles, Philips video recorders and push-button phones for Bharti Airtel. A major breakthrough came in the 2000s when the company won a Government contract to manufacture televisions.[11] Apart from televisions and video recorders, the company also started to manufacture air conditioners and microwave ovens for LG Electronics, as well as DVD players for other brands.[10]

In 2018, Dixon signed a deal with Xiaomi to manufacture LED television sets at its Tirupati plant.[12]

In January 2020, Dixon entered a partnership with Samsung for local production of LED televisions.[13] In December 2020, it was reported that Dixon's subsidiary Padget Electronics would manufacture smartphones for Motorola.[14] In January 2021, Dixon announced that it would manufacture wireless speakers for the Indian company boAt Lifestyle.[15] Later that month, Padget Electronics signed a contract with HMD Global to manufacture Nokia smartphones at its Noida plant.[16]

See also[edit]

References[edit]

  1. ↑ 1.0 1.1 1.2 "Results-Financial Year 31/03/2021" (PDF). BSE. Retrieved 27 May 2021.
  2. ↑ Banerjee, Prasid (26 January 2021). "Dixon inks deal with Nokia to make phones in India". mint.
  3. ↑ "Dixon Technologies Says This Is 'Y2K Moment' For Indian Contract Manufacturers". BloombergQuint. Retrieved 30 November 2020.
  4. ↑ "Bottomline: Why Dixon Technologies may not be the best way to play the 'China Plus One' shift". cnbctv18.com. Retrieved 30 November 2020.
  5. ↑ "Dixon's chance to be India's Foxconn". The Ken. Retrieved 30 November 2020.
  6. ↑ "Dixon to open 3rd handset assembly plant by Jan with Rs75 Cr investment - ET Telecom". Economic Times. Retrieved 30 November 2020.
  7. ↑ "Dixon Technologies (India) - Make-in-India, with size and scale aiding import substitution" (PDF). business-standard.com. Retrieved 30 November 2020.
  8. ↑ Dhanjal, Swaraj Singh (30 August 2017). "Dixon Technologies to launch Rs600 crore IPO on 6 September". mint. Retrieved 30 November 2020.
  9. ↑ "Why analysts feel Dixon has a long way to go". The Economic Times. Retrieved 30 November 2020.
  10. ↑ 10.0 10.1 Bansal, Shuchi (24 April 2007). "Picture perfect". Business Standard India. Retrieved 8 February 2021.
  11. ↑ "Upstart Rises 824% as Founder Bets on Making Phones in India". Bloomberg.com. 7 February 2021. Retrieved 8 February 2021.
  12. ↑ Mukherjee, Writankar. "Xiaomi Mi TV: Xiaomi & Dixon Tech join hands for Make-in-India 'Mi' TV launch in August, to make 55K sets every month". The Economic Times. Retrieved 8 February 2021.
  13. ↑ Mukherjee, Writankar. "Samsung signs agreement with Dixon to manufacture TV sets in India". The Economic Times. Retrieved 8 February 2021.
  14. ↑ "Dixon Technologies' subsidiary to make smartphones for Motorola". @businessline. Retrieved 8 February 2021.
  15. ↑ "boAt joins hands with Dixon Technologies for new Twin Wireless Speakers". mint. 6 January 2021. Retrieved 8 February 2021.
  16. ↑ "Dixon Technologies Arm Inks Deal With HMD India For Manufacturing Nokia Smartphones". Moneycontrol. Retrieved 8 February 2021.

External links[edit]

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