CapEx News
Project News,Updates,Bids & Tenders for Consultants,EPC Contactors,Industrial Suppliers & Service Providers
Padget Electronics, a wholly owned subsidiary of Dixon Technologies India, was chosen as Xiaomi's contract manufacturer in India.
In the country, the Noida-based company will manufacture smartphones and other related products for Xiaomi. Padget's facilities in Noida will be used for manufacturing.
“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 this association will leverage our excellence, superior execution track record and Xiaomi’s expertise and leadership in the Indian business ecosystem and it represents a major milestone in the Indian government’s ‘Make in India’ initiative,” said Atul B Lall, vice-Chairman and managing director,
Dixon Technologies (India). He stated, “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).” As per the reports, Dixon is investing up to Rs 400 crore over three years in the facility, which is likely to be inaugurated by the end of the year. In a bid to become an electronic manufacturing hub, India is pushing companies to start producing in the country.
Company : Padget ElectronicsDixon Technologies India
Xiaomi
Government of India
Recent News
◉ MMRDA begins work on Rs 2,682 crore elevated road from Ghatkopar to Thane - Apr 15,2025◉ PM Modi lays foundation for Rs 8,470 crore modern thermal power unit in Haryana - Apr 15,2025
◉ VMRDA set to lay seven master plan roads in Vizag - Apr 15,2025
◉ PM Modi lays foundation stone for new terminal at Hisar airport - Apr 15,2025
◉ Chhattisgarh CM lays foundation stone for Rs 1,143 crore semiconductor manufacturing unit - Apr 15,2025
◉ Ashoka Buildcon emerges as lowest bidder for Rs 569-crore railway project - Apr 15,2025
◉ Baldota Group announces steel sector foray with Rs 54,000-crore project in Karnataka - Apr 15,2025