Tech Mahindra and Dixon Tech Ink Master Services Agreement for Industry 4.0 Upgrade

Dixon Technologies (India) Ltd signed a master services agreement with Tech Mahindra Ltd on 4 August 2025. Under this partnership, Tech Mahindra will deploy Industry 4.0 automation, robotics, and digital transformation solutions across Dixon's manufacturing facilities. The goal is to convert existing plants into smart factories by leveraging software-based services, data analytics, and advanced automation tools to improve production efficiency and global competitiveness.

Leadership Highlights Future-Ready Vision

Atul B. Lall, Vice Chairman and Managing Director of Dixon Technologies, stated, “At Dixon, we are committed to staying at the forefront of technological innovation in manufacturing. Our partnership with Tech Mahindra marks a significant step forward in our digital transformation, Industry 4.0 automation and creating smart factories. 

With their proven track record in delivering next-generation digital manufacturing solutions, we aim to build future-ready, agile and smart factories that align with global best practices and are driven by innovation.”

About Dixon Technologies and Tech Mahindra

Dixon Technologies is India’s largest home-grown design-focused manufacturing solutions company. It serves a wide range of sectors, including consumer electronics (LED TVs, lighting), home appliances (washing machines, refrigerators), mobile devices, wearables, telecom, and IT hardware. It also offers reverse logistics such as LED panel repair and refurbishment. Its market leadership is recognised in the Frost & Sullivan report Project Rise: Indian Consumer Electronics & Appliances Market Study.

Tech Mahindra, part of the Mahindra Group, is a global digital transformation leader. It provides services in IT consulting, cloud, AI, engineering, analytics, and more. The company has been awarded the Terra Carta Seal from the Sustainable Markets Initiative for its role in driving sustainable and climate-positive innovation.

Also Read: Mahindra Group One Time ESOPs: 14,000 Employees, Including Factory Workers to be Part!

Dixon Technologies and Tech Mahindra Share Price Performance 

As of August 6, 2025, at 10:54 AM, Dixon Technologies(India) Ltd share price is trading at ₹16,625 per share, reflecting a decline of 1.33%. Over the past month, the stock has gained by 7.22%.

As of August 6, 2025, at 10:54 AM, Tech Mahindra share price is trading at ₹1,458.20 per share, reflecting a decline of 1.83%. Over the past month, the stock has declined by 10.20%.

Conclusion

This strategic alliance between Dixon and Tech Mahindra signals a strong move toward intelligent, digitally-enabled manufacturing. By embracing smart factory solutions, Dixon reinforces its leadership in the Indian electronics space, while Tech Mahindra continues to drive large-scale digital transformation across the industrial landscape.

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