Dixon Technologies disclosed plans to assess Gwalior, Madhya Pradesh, for a new telecom devices manufacturing unit within the state's upcoming telecom manufacturing zone, as part of its broader expansion strategy.
At the Business Standard Manthan 2026 fireside chat, Vice Chairman Atul Lall reported that the company closed the fiscal year with revenue of ₹50,000 crore, employs 14,000 staff and operates 26 factories. Market capitalisation stands at ₹65,000 crore, a rise from ₹2,500 crore when the firm had 1,400 staff, four factories and a modest capital base 8 to 9 years ago.
The Gwalior assessment is driven by the presence of 35 to 40 engineering colleges in the region, providing a sizable talent pipeline. Dixon intends to create centres of excellence in partnership with BITS Pilani and Hyderabad campuses, and collaborate with Plaksha University in Mohali to develop curricula for engineering training.
Read More: Dixon Technologies Shares Fall Over 3% Amid Surge in Global Memory Prices!
Dixon currently runs facilities in Noida, Greater Noida, Uttarakhand, Tirupati, Sri City and Chennai. Recent investments include a display plant and the acquisition of a camera module factory to broaden capabilities in mechanical enclosures and related components.
The company highlighted the need for government support over the next 2 to 3 years to move mobile manufacturing to global markets and to promote design‑led production. Schemes such as the Phased Manufacturing Programme, Production Linked Incentives and Electronics Component Manufacturing Scheme have helped the sector reach $30 billion in the last 7 years, with an ambition to approach $500 billion.
As of February 25, 2026, at 1:23 PM, Dixon Technologies share price on NSE was trading at ₹10,369.00 down by 1.48% from the previous closing price.
Dixon Technologies is actively evaluating a Gwalior manufacturing unit for telecom devices, leveraging local talent and existing policy frameworks while continuing to expand its production network and market presence.
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Published on: Feb 25, 2026, 2:34 PM IST
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