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12th May 2025 · SEBI-Registered Analyst

Dixon Technologies (India) Ltd

Dixon Technologies (India) Ltd. is a leading Indian electronics manufacturing services (EMS) company, headquartered in Noida, Uttar Pradesh. Established in 1993 by Sunil Vachani, the company has evolved into a significant player in the electronics manufacturing sector, offering a wide range of products and ***** enhance its vertical integration, Dixon is venturing into the production of electronic components, including printed circuit boards (PCBs) and camera modules. This move aims to reduce dependency on imports and improve profit margins. Vivo Partnership: In December 2024, Dixon announced a joint venture with Vivo to manufacture smartphones and other electronic devices in India, strengthening its foothold in the mobile segment. BoAt Collaboration: Dixon has formed a joint venture with Imagine Marketing, the parent company of BoAt, to produce wireless audio solutions domestically, tapping into the growing demand for audio accessories. Dixon is actively participating in India's Production Linked Incentive (PLI) schemes, which offer financial incentives for domestic manufacturing of electronics. This participation not only boosts the company's revenues but also aligns with national objectives to make India a global manufacturing hub.

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