Company type | Public |
---|---|
ISIN | INE935N01012 |
Industry | Electronics |
Founded | 1993 | (as Weston Utilities Limited.)
Founder | Sunil Vachani |
Headquarters |
Noida,
Uttar Pradesh, India |
Area served | Worldwide |
Key people |
|
Products |
|
Services | |
Revenue | ₹17,960 crore (US$2.2 billion) (FY24) [1] |
₹697 crore (US$84 million) (FY24) [1] | |
₹367 crore (US$44 million) (FY24) [1] | |
Number of employees | 2,844 permanent 12,757 including contractual (2023) [2] |
Subsidiaries |
|
Website |
www |
Dixon Technologies 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. [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]
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]
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. [17]
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). [18] [19] The company manufactures/assembles goods such as home appliances, smartphone, laptops, televisions, set top box, medical electronics, lights, security surveillance system. [7]
The company has joint ventures with:
The following list consists of Dixon's present or past major customers
Company type | Public |
---|---|
ISIN | INE935N01012 |
Industry | Electronics |
Founded | 1993 | (as Weston Utilities Limited.)
Founder | Sunil Vachani |
Headquarters |
Noida,
Uttar Pradesh, India |
Area served | Worldwide |
Key people |
|
Products |
|
Services | |
Revenue | ₹17,960 crore (US$2.2 billion) (FY24) [1] |
₹697 crore (US$84 million) (FY24) [1] | |
₹367 crore (US$44 million) (FY24) [1] | |
Number of employees | 2,844 permanent 12,757 including contractual (2023) [2] |
Subsidiaries |
|
Website |
www |
Dixon Technologies 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. [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]
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]
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. [17]
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). [18] [19] The company manufactures/assembles goods such as home appliances, smartphone, laptops, televisions, set top box, medical electronics, lights, security surveillance system. [7]
The company has joint ventures with:
The following list consists of Dixon's present or past major customers