Dixon Technologies: Difference between revisions

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{{short description|Indian electronics manufacturing services company}}
{{short description|Indian multinational electronics manufacturing services company}}
{{Use dmy dates|date=December 2020}}
{{Use dmy dates|date=September 2022}}
{{Use Indian English|date=December 2020}}
{{Use Indian English|date=December 2020}}
{{Infobox company
{{Infobox company
| name = Dixon Technologies (India) Ltd
| name = Dixon Technologies
| logo = Dixon Technologies Logo.svg
| logo = Dixon Technologies Logo.svg
| trade_name =  
| trade_name =  
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| ISIN = INE935N01012
| ISIN = INE935N01012
| industry = [[Electronics industry|Electronics]]
| industry = [[Electronics industry|Electronics]]
| foundation = {{start date and age|1993|01|28|df=y}} (as Weston Utilities Limited.)
| foundation = {{start date and age|1993}} (as Weston Utilities Limited.)
| founder = Sunil Vachani
| founder = Sunil Vachani
| location_city = [[Noida]], [[Uttar Pradesh]], [[India]]
| location_city = [[Noida]], [[Uttar Pradesh]], India
| area_served = Worldwide
| area_served = Worldwide
| key_people = {{plainlist|
| key_people = {{plainlist|
*Sunil Vachani ([[Executive Chairman]])
*Sunil Vachani ([[executive chairman]])
*Atul B Lall ([[Managing Director]])}}
*Atul B Lall ([[managing director]])}}
| products = {{plainlist|
| products = {{plainlist|
*[[Consumer electronics]]
*[[Consumer electronics]]
*[[Home appliance]]s
*[[Home appliance]]s
*[[Lighting|Lighting solutions]]
*[[Lighting]]
*[[Mobile phone]]s
*[[Mobile phone]]s
*Security devices}}
*Security devices}}
| services = {{plainlist|
| services = {{plainlist|
*[[Electronics manufacturing services]]
*[[Electronics manufacturing services]]
*[[Original design manufacturing]]
*[[Reverse logistics]]}}
*[[Reverse logistics]]}}
| revenue = {{Increase}} {{INRConvert|6449|c}} (FY 2021)<ref name="FY 2021"/>
| num_employees = 2,844 permanent<br>12,757 including contractual (2023)<ref>{{cite web |title=Annual Report 2022-2023 |url=https://www.dixoninfo.com/json/dixon/annual-reports/dixon-annual-report-2022-23.pdf |publisher=Dixon Technologies |access-date=17 May 2024}}</ref>
| operating_income = {{Increase}}{{INRConvert|217|c}} (FY 2021)<ref name="FY 2021"/>
| revenue = {{Increase}} {{INRConvert|38880|c|lk=on}} (FY25)<ref name="fy24"/>
| 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>
| operating_income = {{Increase}} {{INRConvert|1528|c}} (FY24)<ref name="fy24"/>
| profit = {{Increase}} {{INRConvert|1233|c}} (FY25)<ref name="fy24">{{cite web |title=Dixon Technologies |url=https://www.bseindia.com/xml-data/corpfiling/AttachLive/af5197b0-5e36-4b1d-9cb5-bbeb7d9105be.pdf |publisher=HDFC Securities |access-date=17 May 2024}}</ref>
| parent =  
| parent =  
| subsid = {{plainlist|
| subsid = {{plainlist|
*Padget Electronics Private Limited}}<ref>{{cite web|url=https://www.livemint.com/companies/news/dixon-inks-deal-with-nokia-to-make-phones-in-india-11611624606985.html|title=Dixon inks deal with Nokia to make phones in India|first=Prasid|last=Banerjee|date=26 January 2021|website=mint}}</ref>
*Padget Electronics Private Limited<ref>{{cite web|url=https://www.livemint.com/companies/news/dixon-inks-deal-with-nokia-to-make-phones-in-india-11611624606985.html|title=Dixon inks deal with Nokia to make phones in India|first=Prasid|last=Banerjee|date=26 January 2021|website=mint}}</ref>}}
| homepage = {{url|https://www.dixoninfo.com|dixoninfo.com}}
| website = {{url|https://www.dixoninfo.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 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''' is an Indian [[Multinational corporation|multinational]] [[electronics manufacturing services]] company, based in [[Noida]], [[Uttar Pradesh]]. 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 17 manufacturing units in India.<ref name="About Dixon"/> 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==
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.<ref name= bizstand>{{cite news |last1=Bansal |first1=Shuchi |title=Picture perfect |url=https://www.business-standard.com/article/management/picture-perfect-107042401025_1.html |access-date=8 February 2021 |work=Business Standard India |date=24 April 2007}}</ref> 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 of India|Government]] contract to manufacture televisions.<ref>{{cite news |title=Upstart Rises 824% as Founder Bets on Making Phones in India |url=https://www.bloomberg.com/news/articles/2021-02-07/upstart-surges-824-as-ceo-bets-on-phone-manufacturing-in-india |access-date=8 February 2021 |work=Bloomberg.com |date=7 February 2021 |language=en}}</ref> 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.<ref name= bizstand/>
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.<ref name= bizstand>{{cite news |last1=Bansal |first1=Shuchi |title=Picture perfect |url=https://www.business-standard.com/article/management/picture-perfect-107042401025_1.html |access-date=8 February 2021 |work=Business Standard India |date=24 April 2007}}</ref> 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 of India|Government]] contract to manufacture televisions.<ref>{{cite news |title=Upstart Rises 824% as Founder Bets on Making Phones in India |url=https://www.bloomberg.com/news/articles/2021-02-07/upstart-surges-824-as-ceo-bets-on-phone-manufacturing-in-india |access-date=8 February 2021 |work=Bloomberg.com |date=7 February 2021 |language=en}}</ref> 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.<ref name= bizstand/>


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 name="mi">{{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|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 the local production of LED televisions.<ref name="samsung">{{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 2024, Dixon Technologies and the Chinese mobile phone brand Vivo are forming a joint venture to manufacture electronic devices, including smartphones.<ref>{{Cite news |last=PTI |date=2024-12-16 |title=Dixon Tech, Vivo to set up electronic manufacturing joint venture |url=https://www.thehindu.com/sci-tech/technology/gadgets/dixon-tech-vivo-to-set-up-electronic-manufacturing-joint-venture/article68990702.ece |access-date=2024-12-20 |work=The Hindu |language=en-IN |issn=0971-751X}}</ref>
 
=== Padget Electronics ===
In December 2020, it was reported that Dixon's subsidiary Padget Electronics would manufacture smartphones for [[Motorola]].<ref name="moto">{{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 name="boat">{{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 name="hmd">{{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>
 
For the US and European markets, Padget Electronics will produce the base model of the [[Pixel (smartphone)|Pixel smartphone]] in addition to other Google products. Full-scale manufacturing is scheduled to begin in September 2024.<ref>{{Cite web |last=Khan |first=Danish |date=6 July 2024 |title=Google to export India-made Pixel smartphones to Europe, US; trial production begins |url=https://www.moneycontrol.com/technology/google-to-export-india-made-pixel-smartphones-to-europe-us-trial-production-begins-article-12762020.html |access-date=10 July 2024 |website=moneycontrol}}</ref>
 
== Operations ==
Dixon has 17 manufacturing units in India with over 15,000 employees.<ref name="About Dixon"/> It has India's largest manufacturing plants for LED televisions (in [[Tirupati]]), washing machines (in [[Dehradun]]) and LED bulbs (in [[Noida]]).<ref>{{cite news |title=Dixon to open 3rd handset assembly plant by Jan with Rs75 Cr investment |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}}</ref> The company manufactures/assembles goods such as home appliances, smartphone, laptops, televisions, set top box, medical electronics, lights, security surveillance system.<ref name="About Dixon"/>
 
== Joint ventures ==
The company has joint ventures with:
* BoAt Lifestyle<ref name="About Dixon">{{cite news |title=Dixon Technologies: From A Single Factory In 1993 To A Rs 10,700 Crore Electronic Manufacturer For The World |url=https://www.forbesindia.com/article/2022-manufacturing-special/dixon-technologies-from-a-single-factory-in-1993-to-a-rs-10700-crore-electronic-manufacturer-for-the-world/77859/1 |access-date=11 December 2022 |work=Forbes India |language=en}}</ref>
* Rexxam<ref>{{cite news |title=Dixon Technologies forms JV with Rexxam |url=https://www.business-standard.com/article/news-cm/dixon-technologies-forms-jv-with-rexxam-122011300286_1.html |access-date=11 December 2022 |work=Business Standard India |date=13 January 2022}}</ref>
* [[Bharti Airtel]]<ref>{{cite news |last1=Gupta |first1=Surajeet Das |title=Dixon partners with Bharti to make telecom equipment under PLI scheme |url=https://www.business-standard.com/article/companies/dixon-partners-with-bharti-to-make-telecom-equipment-under-pli-scheme-121040800110_1.html |access-date=11 December 2022 |work=Business Standard India |date=8 April 2021 |language=en}}</ref>
 
==Customers==
The following list consists of Dixon's present or past major customers
{{Colbegin|colwidth=18em}}
 
*[[Xiaomi]]<ref name="mi"/>
*[[Samsung]]<ref name="samsung"/>
*[[Motorola]]<ref name="moto"/>
*BoAt Lifestyle<ref name="boat"/>
*[[Panasonic]]<ref name=auto1>{{cite news|title=Understanding the rise of Dixon Technologies|url=https://finshots.in/markets/understanding-the-rise-of-dixon-technologies/|work=Finshots}}</ref>
*[[TCL Technology]]<ref name="auto1"/>
*[[OnePlus]]<ref name="auto1"/>
*[[Godrej Group|Godrej]]<ref name="auto1"/>
*[[Wipro Enterprises]]<ref name="auto1"/>
*[[Havells]]<ref name="auto1"/>
*[[Bajaj Electricals|Bajaj]]<ref name="auto1"/>
*[[HMD Global]] ([[Nokia]])<ref name="hmd"/>
*Syska<ref name="auto1"/>
*[[Philips]]<ref name=":3"/>
*[[LG Electronics]]<ref name=":3">{{cite news |last1=Banerjee |first1=Indrani Rajkhowa |title=Dixon Tech to rest on its own laurels and brands |url=https://economictimes.indiatimes.com/dixon-tech-to-rest-on-its-own-laurels-and-brands/articleshow/395656.cms |access-date=11 December 2022 |work=The Economic Times}}</ref>
*[[Orient Electric|Orient]]<ref name="auto1"/>
{{Colend}}


==See also==
==See also==
* [[Cyient|Cyient DLM]]
* [[Foxconn]]
* [[Foxconn]]
* [[Wistron]]
* [[Make in India]]
* [[Make in India]]


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==External links==
==External links==
*{{url|www.dixoninfo.com|Official Site}}
*{{Official website|https://www.dixoninfo.com/}}


{{Electronics industry in India}}
{{Electronics industry in India}}
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[[Category:Companies listed on the Bombay Stock Exchange]]
[[Category:Companies listed on the Bombay Stock Exchange]]
[[Category:Manufacturing companies based in Noida]]
[[Category:Manufacturing companies based in Noida]]
 
[[Category:Multinational companies headquartered in India]]
{{India-company-stub}}

Latest revision as of 14:15, 18 February 2026


Dixon Technologies
Traded as
ISININE935N01012
IndustryElectronics
Founded1993; 33 years ago (1993) (as Weston Utilities Limited.)
Founder(s)Sunil Vachani
Headquarters
Noida, Uttar Pradesh, India
Area served
Worldwide
Key people
Products
Services
RevenueIncrease ₹38,880 crore (US$5.5 billion) (FY25)[1]
Increase ₹1,528 crore (US$210 million) (FY24)[1]
Increase ₹1,233 crore (US$170 million) (FY25)[1]
Number of employees
2,844 permanent
12,757 including contractual (2023)[2]
Subsidiaries
  • Padget Electronics Private Limited[3]
Websitewww.dixoninfo.com

Dixon Technologies is an Indian multinational electronics manufacturing services company, based in Noida, Uttar Pradesh. 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.[4][5][6] It has 17 manufacturing units in India.[7] The company is listed on BSE and NSE since its initial public offering in 2017.[8][9]

History[edit | edit source]

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 the local production of LED televisions.[13]

In December 2024, Dixon Technologies and the Chinese mobile phone brand Vivo are forming a joint venture to manufacture electronic devices, including smartphones.[14]

Padget Electronics[edit | edit source]

In December 2020, it was reported that Dixon's subsidiary Padget Electronics would manufacture smartphones for Motorola.[15] In January 2021, Dixon announced that it would manufacture wireless speakers for the Indian company BoAt Lifestyle.[16] Later that month, Padget Electronics signed a contract with HMD Global to manufacture Nokia smartphones at its Noida plant.[17]

For the US and European markets, Padget Electronics will produce the base model of the Pixel smartphone in addition to other Google products. Full-scale manufacturing is scheduled to begin in September 2024.[18]

Operations[edit | edit source]

Dixon has 17 manufacturing units in India with over 15,000 employees.[7] It has India's largest manufacturing plants for LED televisions (in Tirupati), washing machines (in Dehradun) and LED bulbs (in Noida).[19][20] The company manufactures/assembles goods such as home appliances, smartphone, laptops, televisions, set top box, medical electronics, lights, security surveillance system.[7]

Joint ventures[edit | edit source]

The company has joint ventures with:

Customers[edit | edit source]

The following list consists of Dixon's present or past major customers

See also[edit | edit source]

References[edit | edit source]

  1. ↑ 1.0 1.1 1.2 "Dixon Technologies" (PDF). HDFC Securities. Retrieved 17 May 2024.
  2. ↑ "Annual Report 2022-2023" (PDF). Dixon Technologies. Retrieved 17 May 2024.
  3. ↑ Banerjee, Prasid (26 January 2021). "Dixon inks deal with Nokia to make phones in India". mint.
  4. ↑ "Dixon Technologies Says This Is 'Y2K Moment' For Indian Contract Manufacturers". BloombergQuint. Retrieved 30 November 2020.
  5. ↑ "Bottomline: Why Dixon Technologies may not be the best way to play the 'China Plus One' shift". cnbctv18.com. Retrieved 30 November 2020.
  6. ↑ "Dixon's chance to be India's Foxconn". The Ken. Retrieved 30 November 2020.
  7. ↑ 7.0 7.1 7.2 7.3 "Dixon Technologies: From A Single Factory In 1993 To A Rs 10,700 Crore Electronic Manufacturer For The World". Forbes India. Retrieved 11 December 2022.
  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. ↑ 12.0 12.1 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. ↑ 13.0 13.1 Mukherjee, Writankar. "Samsung signs agreement with Dixon to manufacture TV sets in India". The Economic Times. Retrieved 8 February 2021.
  14. ↑ PTI (16 December 2024). "Dixon Tech, Vivo to set up electronic manufacturing joint venture". The Hindu. ISSN 0971-751X. Retrieved 20 December 2024.
  15. ↑ 15.0 15.1 "Dixon Technologies' subsidiary to make smartphones for Motorola". @businessline. Retrieved 8 February 2021.
  16. ↑ 16.0 16.1 "boAt joins hands with Dixon Technologies for new Twin Wireless Speakers". mint. 6 January 2021. Retrieved 8 February 2021.
  17. ↑ 17.0 17.1 "Dixon Technologies Arm Inks Deal With HMD India For Manufacturing Nokia Smartphones". Moneycontrol. Retrieved 8 February 2021.
  18. ↑ Khan, Danish (6 July 2024). "Google to export India-made Pixel smartphones to Europe, US; trial production begins". moneycontrol. Retrieved 10 July 2024.
  19. ↑ "Dixon to open 3rd handset assembly plant by Jan with Rs75 Cr investment". Economic Times. Retrieved 30 November 2020.
  20. ↑ "Dixon Technologies (India) - Make-in-India, with size and scale aiding import substitution" (PDF). Business Standard. Retrieved 30 November 2020.
  21. ↑ "Dixon Technologies forms JV with Rexxam". Business Standard India. 13 January 2022. Retrieved 11 December 2022.
  22. ↑ Gupta, Surajeet Das (8 April 2021). "Dixon partners with Bharti to make telecom equipment under PLI scheme". Business Standard India. Retrieved 11 December 2022.
  23. ↑ 23.0 23.1 23.2 23.3 23.4 23.5 23.6 23.7 23.8 "Understanding the rise of Dixon Technologies". Finshots.
  24. ↑ 24.0 24.1 Banerjee, Indrani Rajkhowa. "Dixon Tech to rest on its own laurels and brands". The Economic Times. Retrieved 11 December 2022.

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