Dixon Technologies Opens New Smartphone Plant in Delhi
01 December 2023: Chinese-based company Xiaomi has partnered with Dixon Technologies India for smartphone assembly as India is insisting Chinese companies to localise mobile manufacturing. With the government’s directives, Chinese smartphone manufacturer Xiaomi Inc’s supplier Dixon Technologies India Ltd. has opened a new factory on the outskirts of New Delhi.
Dixon is a leading contact manufacturer of consumer durables, lighting and mobile phones and others for companies like Samsung, Phillips, Xiaomi and Godrej. The plant is set to be inaugurated by end of December 2023. Dixon Technologies India will invest more than Rs.400 crore over three years in the new factory. The factory is spread over 300,000 square feet and will largely produce Xiaomi smartphones.
India is world’s second-biggest smartphone market, is fiercely constested market for world’s leading mobile brands, with manufacturers such as Apple Inc. competing to boost sales in India. Xiaomi is betting on a gradual recovery, as it looks to offer affordable locally made 5G smartphones. Xiaomi partnership is another boost for Dixon, which is among the companies vying to become India’s leading contract mobile manufacturer. It is among the first companies that received the incentive of electronic manufacturing. “We believe this association will leverage our excellence and superior execution and Xiaomi’s expertise and leadership in the Indian business ecosystem,” said Sunil Vachani, Executive Chairman at Dixon Technologies.
Dixon exported smartphones worth Rs.1,200 crore smartphones in last fiscal. This time, the company aims to double down its exports. “The company is looking for large exports from the country. The telecom minister targets for $400 billion export of smartphones from the country in the next five year, and Dixon will be major contributors in it,” said Sunil Vachani.