Dixon Technologies Share Price Rose 5.44%; Partners with Compal for Google Pixel Manufacturing in India

Dixon Technologies (India) was in focus on Monday. On December 2, 2024, Dixon Technologies share price opened at ₹16,025.00, up from its previous close of ₹15,807.40. At 11:04 AM, the share price of Dixon Technologies was trading at ₹16,667.55, up by 5.44%.

Mass Production of Google Pixel 

On November 29, 2024, Dixon Technologies (India) Limited announced that its wholly-owned subsidiary, Padget Electronics Private Limited, has partnered with Compal to commence mass production of Google Pixel smartphones for Compal’s designated customer, Google Information Services India Private Limited. The production will take place at Padget Electronics’ state-of-the-art manufacturing facility located in Sector-68, Noida.

Padget Electronics, a subsidiary of Dixon Technologies, specialises in manufacturing mobile phones and IT hardware as its core business activity.

Commenting on this occasion, the Vice Chairman and Managing Director of Dixon Technologies, Mr Atul B. Lall, said, “We together with our customer Compal Group, one of the world’s leading manufacturers of smart devices, are excited to launch production of Google Pixel (Smartphones) for ‘Google Information Services India Private Limited’, a designated customer of Compal, a brand synonymous with innovation and excellence in technology. This is a significant opportunity for Dixon and marks an exciting step in our growth and commitment to delivering cutting-edge, high-quality products to global and domestic markets.”

He further added, “Through this launch, Dixon shall be leveraging its state-of-the-art facilities, effective manufacturing techniques and workforce and this also highlights the immense potential of India’s electronics manufacturing sector in the global scenario.”

About Dixon Technologies (India) Limited

Dixon Technologies is engaged in the Indian manufacturing sector, offering a diverse range of products in consumer electronics, home appliances, lighting, mobile phones, and wearables. The company is also known for providing reverse logistics solutions, such as repair and refurbishment services for LED TV panels.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.