 | spannews Dec 2 | Dixon Technologies' wholly owned subsidiary Padget Electronics inaugurates new manufacturing plant in Noida
In a boost to the local smartphone ecosystem, the new plant is to commence smartphone manufacturing in Q3, 2023 NOIDA – In a strong push towards increasing the Domestic Value Addition in the smartphone segment, Padget Electronics Private Limited - a wholly owned subsidiary of the Dixon Technologies (India) Limited, a pioneering name in electronics manufacturing, has inaugurated a new state-of-the-art smartphone manufacturing plant in NOIDA, Uttar Pradesh.
The latest manufacturing facility by Padget Electronics, which is the smartphone manufacturing subsidiary of Dixon Technologies, has commenced the production of smartphones for global technology giant, Xiaomi India in Q3, 2023.
With an investment of Rs. 256 Cr, the said state of art manufacturing facility at NOIDA is built across 2.7 lac square feet, at an annual capacity of 25 million units. The new manufacturing plant represents a significant stride in India's efforts to bolster its footprint in local smartphone manufacturing.
Mr. Sunil Vachani, Executive Chairman at Dixon Technologies said, "We are delighted about the new state of the art manufacturing facility, quality processes and efficient production lines. It is a momentous step towards our commitment of boosting the local smartphone manufacturing system in India. We believe that this association will leverage our excellence and superior execution and Xiaomi's expertise & leadership in the Indian business ecosystem."
Mr. Atul Lall, Vice Chairman & Managing Director, Dixon Technologies said, "This is a significant step forward in our journey of boosting the local smartphone manufacturing ecosystem in India and building a strong, world-class technology ecosystem. We have a 5-year long association with Xiaomi India, and are excited to start this new chapter that exemplifies synergy between our two organizations."
Dixon's expanded collaboration with Xiaomi India is emblematic of the burgeoning potential within the Indian electronics manufacturing landscape. | | | |  | You can also reply to this email to leave a comment. | | | | |
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