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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]]
 


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{{India-company-stub}}
{{en-Wikipedia}}

Revision as of 07:41, 2 September 2021


Dixon Technologies (India) Ltd
Traded as
ISININE935N01012
IndustryElectronics
Founded28 January 1993; 33 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$900 million) (FY 2021)[1]
Increase₹217 crore (US$30 million) (FY 2021)[1]
Increase₹159 crore (US$22 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

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

References

  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.

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