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Dixon's Padget Electronics Enters an Agreement with Xiaomi for Manufacturing of Smart PhonesSeptember 29, 2023 | Dixon
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Dixon wholly owned subsidiary- Padget Electronics Private Limited enters into an Agreement with Xiaomi to carry out manufacturing of smart phones and other related products for Xiaomi. The manufacturing shall take place at Padget’s manufacturing facility situated at Noida.
Commenting on this association, Mr. Atul B. Lall, Vice Chairman & Managing Director, Dixon Technologies (India) Limited said that “it gives us an immense pleasure to partner with Xiaomi which is an iconic brand. We are delighted and encouraged by the trust they have reposed on Dixon for the association and believe that this association will leverage our excellence, superior execution track record and Xiaomi’s expertise & leadership in Indian business ecosystem and it represents a major milestone in Indian Governments “Make in India” initiative.
We see them as an ideal strategic partner who shares our core values: quality, engineering, prowess and customer satisfaction. We are confident this is just a beginning of a long and prolific relationship and there is immense potential to further build on shared capabilities to deliver sustainable growth. He further stated that, “Dixon’s wholly owned subsidiary, Padget Electronics is one of the few Companies who have received PLI scheme approval from the Government of India (GOI).”
Dixon has entered into Joint Venture Agreement (JV Agreement) with Rexxam Co. Ltd. (Rexxam). Pursuant to the said JV Agreement, Dixon Devices Private Limited (JV Company) will be 40% owned by Dixon and 60% owned by Rexxam.
Acer India, the leading PC brand, and Dixon Technologies have partnered for the manufacturing of laptops at Dixon’s state-of-the-art manufacturing facility situated in Noida.
Dixon has entered into Joint Venture Agreement (JV Agreement) with Beetel Teletech Limited (Beetel). Pursuant to the said JV Agreement, Dixon Electro Appliances Private Limited (JV Company) will be 51% owned by Dixon and 49% owned by Beetel.