Alphabet is considering moving part of its Pixel phone manufacturing from Vietnam to India to serve US markets, as tariffs make Vietnam less competitive
On Wednesday, a memorandum of understanding was signed between Dixon Technologies and the government of Tamil Nadu for setting up a state-of-the-art manufacturing facility at Oragadam near Chennai
Electronics manufacturing services firm Dixon Technologies is setting up a Rs 1,000-crore facility near Chennai and signed a Memorandum of Understanding with the Tamil Nadu government on Wednesday. The factory, which will come up at Oragadam in neighbouring Kancheepuram district, is expected to generate 5,000 jobs in the region, the state government said. Top officials from Dixon Technologies, led by Executive Chairman Sunil Vachani and Vice President Prithvi Vachani, exchanged documents with Darez Ahamed, MD and CEO of Tamil Nadu's nodal investment promotion agency Guidance, in the presence of Chief Minister M K Stalin and Industries Minister T R B Rajaa, among others, at the Secretariat on Wednesday. As per the MoU, Dixon Technologies will set up the facility at the Indospace Industrial Park in Oragadam, located about 45 km south of Chennai. The factory will produce laptops and all-in-one personal computers and offer electronic manufacturing services to other companies. In a pres
Stocks to Buy: Analysts at Motilal Oswal Financial Services believe ICICI Bank, L&T, RIL, Indian Hotels, and Dixon Tech could be among stocks that may be insulated from Donald Trump-induced trade war
Industry awaits fine print as scheme promises over 5% incentives
Tata Electronics, another rising domestic player, doubled its share to 4 per cent in 2024 from 2 per cent a year earlier
Nomura pointed out that India is strategically positioned to capitalise on these changes, especially as the US looks to adjust its approach to trade with India, particularly in electronics
Of the total $140 billion worth of electronics products consumed in the country, domestic units make products worth $110 billion
Sunil Vachani, co-founder and executive chairman, Dixon Technologies spoke on the need to deepen local production and value addition at BS Manthan
As India's electronics sector grows, companies like Dixon Technologies are recruiting global talent to fill leadership roles, offering high salaries amid a severe talent shortage
Adani Energy Solutions, Syngene, Jio Financial, CG Power, Persistent Systems and CAMS are the 6 derivative stocks with up to 14 per cent build-up in open positions 5 days ahead of the monthly expiry.
Dixon Technologies' Mobile and Electronics Manufacturing Services (EMS) division emerged as the primary engine of the company's success during Q3, analysts said.
Stock market today: The Nifty fell below 23,000 in intraday trade today, with heavyweights like RIL, SBI, Bajaj Finance, ICICI Bank, HDFC Bank, Bharti Airtel, and Maruti Suzuki all declining
Dixon Technologies stock is seen trading below the 100-DMA for the first time since May 2023, after the company reported its Q3 results. The stock had rallied a whopping 532% in the last 20 months.
Dixon Technologies' share price rose after the company's wholly-owned subsidiary, Dixon Electro Manufacturing, entered into a MoU with Cellecor Gadgets for manufacturing of Refrigerators
According to sources privy to the deal, Dixon has a capacity to make 40 million smart phones per annum and it is assembling around 30 million phones this year
Dixon Technologies' share price surged following the announcement of a binding term sheet with Vivo India on December 15, 2024, to establish a joint venture in India
Stocks to watch on Monday, December 16, 2024: Dixon Technologies signs a binding term sheet with Vivo India for a proposed joint venture
Here are 5 F&O stocks that are trading with a PCR in excess of 1; Options data and technical charts suggest up to 14% upside for these stocks in the December series; key levels here.
Brokerages positive on stock; company expected to emerge as major player in India's smartphone manufacturing by FY27