Dixon Technologies to set up hardware manufacturing plant in Bengaluru
Dixon Technologies, an electronics manufacturing company, has sought land from Karnataka government to set up a manufacturing plant for information and communications technology (ICT) hardware products in and around Bengaluru.
Sunil Vachani, founder-cum-executive chairman held discussions with state’s deputy chief minister C N Ashwath Narayana and expressed interest in setting up a plant to produce laptops and tablets among other gadgets. The Noida-based company, the reported market value of which is $2.5 billion, is known for manufacturing television sets for Xiaomi, washing machines for LG, lighting products for Philips and mobile phones for Samsung apart from the recent deal it inked with Nokia.
Dixon Technologies sought 10-15 acres of land. Vachani told the deputy CM: “We are designing our own products, we are getting into more product categories. We are looking tablets and laptops manufacturing along with medical devices. The company is also getting into the segment of wearables.”
As per the ESDM policy, the company will be eligible for the subsidy and other concessions if it establishes the plant outside the region of Bengaluru Urban district. The company will also be asked to provide jobs to the local people, Narayana added.
The lands have been identified and will be given any one of the locations of Masthenahalli or Mindenalli of Kolar district, Haraluru of Bengaluru Rural district or Harohally of Ramanagar district,” Narayana said.
INTERVIEWS
TOP VIDEOS
SECURITY
SOFTWARE
SoftBank Group hit it big with revival in investment gains in FY2021
Following the news on 12 May 2021 that SoftBank posted record US$46bn annual profit as inv...
UST partners with Blue Yonder
UST announced that it has expanded its partnership with Blue Yonder, a digital supply chai...
AVEVA joins hand with Maire Tecnimont Group for Digital Transformation
AVEVA has signed a memorandum of understanding (MoU) with engineering, procurement and con...
START - UP
PERIPHERALS
INDUSTRY EVENTS
CoinDCX to organize Solana 'Virtual Hackathon' to boost India's DeFi Ecosystem
CoinDCX and Solana have jointly launched a Virtual Hackathon to encourage the crypto and b...
Huawei exclaims for Closer Public-Private Sector Cooperation
The St. Gallen Symposium, an annual gathering of current and future leaders from across th...
HUAWEI hosts its Women Developers Summit: Her Contributions
HUAWEI Women Developers Summit Guangzhou was successfully closed, in which women from diff...
Adobe Summit 2021: All about Digital Experience
Adobe Summit 2021 day one was loaded with content, where there were more than 400 sessions...
E- COMMERCE
