Dixon Technologies is close to opening a new facility in Chennai where it will make laptops for leading notebook brands in the country. The factory is set to be operationalised over a period of eight to 10 months.

The contract manufacturer is already making notebooks for Acer and has started the new product introduction (NPI) process for Lenovo laptops, with mass production set to commence in the Q3/FY2025.

Thus the first phase of acquiring global brands as its customers is completed, as part of the target of expanding production for global brands in the addressable market for IT products pegged at almost USD 10 billion in India.

Besides, the company is also set to complete its acquisition of Ismartu, the manufacturing arm of Transsion Holdings, pending approval from the Competition Commission of India.