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DIXON.NS Stock Shows Impressive bearish Momentum with -13.75% Movement on Jan 21, 2025
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Union Budget 2025: Key Sectors, Stock Market Impact, and Investment Opportunities
Published on: January 17, 2025
Overview
As India gears up for the Union Budget 2025, expectations are high for initiatives aimed at boosting economic growth while maintaining fiscal discipline. This blog explores the potential impact of the budget on key sectors, stock market performance, and investment opportunities.
Key Sectors to Watch
Agriculture
The government is expected to introduce reforms to enhance farmer welfare and productivity. Anticipated measures include easing loan repayment norms and increasing the coverage of Minimum Support Price (MSP). Reduced GST on agricultural inputs like seeds and pesticides is also expected. Companies to Watch: UPL Limited, Coromandel International.
Automobile
Sustainable mobility is a key focus, with potential GST reductions for hybrid and electric vehicles. These initiatives aim to bridge the gap between traditional and electric mobility. Companies to Watch: Tata Motors, Mahindra & Mahindra.
Real Estate
Real estate expects measures to boost housing demand, including higher tax exemptions on housing loans and granting industry status to the sector for better funding access. Companies to Watch: DLF Limited, Godrej Properties.
Electronics Manufacturing
The government plans to enhance local electronics production through a ₹25,000 crore Production-Linked Incentive (PLI) scheme. This initiative aligns with the 'Make in India' campaign. Companies to Watch: Dixon Technologies, Bharat Electronics Limited (BEL).
Pharmaceuticals
Streamlining regulations and promoting R&D are priorities for this sector. These measures will reinforce India's position as a global pharmaceutical hub. Companies to Watch: Sun Pharma, Dr. Reddy's Laboratories.
Textiles
The textile sector is poised for financial incentives and tariff reductions, aiming to boost domestic production and capture a larger share of global markets. Companies to Watch: Vardhman Textiles, Arvind Limited.
Stock Market Outlook
January 2025 is expected to be a volatile month for the Indian stock market, influenced by global events and domestic budget announcements. Investors should focus on sectors with favorable policies and monitor key stock levels.
Key Stock Levels
Tata Consultancy Services (TCS): Support at ₹3,500, resistance at ₹4,000.
Infosys: Support at ₹1,400, resistance at ₹1,700.
HDFC Bank: Support at ₹1,500, resistance at ₹1,800.
ICICI Bank: Support at ₹800, resistance at ₹950.
Sources:
Reuters: India Growth and Fiscal Goals
Motilal Oswal: Sectors and Stocks to Watch
Economic Times: Stock Market Outlook
Angel One: Market Volatility in January
#UnionBudget2025#IndianEconomy#StockMarketIndia#KeySectors2025#BudgetImpact#IndianStockMarket#AgricultureGrowth#ElectricVehiclesIndia#RealEstateTrends#PharmaIndustry#ElectronicsManufacturing#TextileIndustry#MakeInIndia#SustainableDevelopment#InvestmentOpportunities
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Foxconn and Dixon seek billions in Indian subsidies under production incentives
Foxconn and Dixon Technologies urge the Indian government to release unallocated subsidies from its production-linked incentive program.
People pass by a Foxconn logo during Hon Hai (Foxconn) Tech Day 2024 in Taipei, Taiwan, on October 9, 2024. Photo by Daniel Ceng/Anadolu/Getty Images Apple Inc. supplier Foxconn Technology Group and Dixon Technologies India Ltd. are pressing the Indian government to release billions of rupees in subsidies under the country’s production-linked incentive (PLI) program. The companies argue that…
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Cellecor Gadgets Partners with Dixon to Revolutionize Refrigerator Manufacturing
On December 26, 2024, Cellecor Gadgets Limited made a groundbreaking announcement that reaffirms its position as a leader in India’s consumer electronics market. The company has entered into a strategic partnership with Dixon Electro Manufacturing Private Limited (DEMPL), a wholly-owned subsidiary of the renowned Dixon Technologies (India) Limited. This collaboration marks a significant stride forward in Cellecor’s journey to enhance its manufacturing capabilities and expand its presence in the home appliance sector.
Through this partnership, DEMPL will manufacture a range of premium-quality refrigerators for Cellecor. Leveraging Dixon’s state-of-the-art, ISO-certified facilities, the refrigerators will meet rigorous standards of quality, durability, and innovation. Dixon Technologies, celebrated for its expertise in electronic manufacturing services, brings unparalleled experience to this collaboration. With a diversified portfolio that includes LED TVs, washing machines, lighting products, mobile phones, wearables, and now refrigerators, Dixon Technologies has been a pioneer in setting benchmarks for quality and ethical business practices in the Indian electronics market.
The production of these refrigerators aligns seamlessly with Cellecor’s vision of creating value-driven products that cater to the evolving needs of Indian consumers. The initiative also reflects the company’s staunch commitment to the ‘Make in India’ campaign, emphasizing local manufacturing and fostering economic growth. By ensuring world-class manufacturing standards while supporting indigenous production, Cellecor continues to strengthen its reputation as a trusted household name.
Founded in 2012 as Unity Communications, Cellecor Gadgets Limited has experienced exponential growth, becoming synonymous with innovation, reliability, and affordability in consumer electronics. Under the leadership of its founder, Ravi Aggarwal, the company transitioned from outsourcing electronic products to creating its brand of cutting-edge devices, including mobile phones, smart TVs, wearable gadgets, and home appliances. Today, Cellecor is celebrated for its modern approach to sourcing, producing, and marketing, consistently delivering high-quality products at accessible prices.
This partnership with Dixon marks a pivotal moment in Cellecor’s journey, particularly in its expansion into the home appliance market. By integrating Dixon’s advanced manufacturing prowess with Cellecor’s commitment to innovation, the company aims to deliver refrigerators that not only meet but exceed the expectations of Indian households.
Cellecor’s emphasis on creating affordable yet innovative products has earned it a loyal customer base across India. Its diverse offerings, from mobile devices to washing machines and smart TVs, reflect the company’s mission to make happiness accessible to every home. By embracing strategic partnerships like the one with Dixon, Cellecor is poised to further cement its place as a leader in the consumer electronics and home appliance industries.
As the company continues its upward trajectory, this collaboration is expected to set new benchmarks in the industry. Cellecor Gadgets Limited’s dedication to quality, innovation, and local manufacturing underscores its vision for a brighter, more connected future for Indian households. For more details about the company and its products, visit www.cellecor.com.
With this partnership, Cellecor not only strengthens its product portfolio but also reinforces its commitment to delivering world-class solutions while upholding the ideals of the ‘Make in India’ initiative. The future looks promising as Cellecor takes this bold step toward reshaping the home appliance market in India.
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Dixon Technologies Share Price: 5 सालों में दिया 2400% रिटर्न, आज फिर ऑल टाइम हाई
Dixon Technologies Share Price: रिकॉर्ड हाई पर पहुंचा स्टॉक, जानें कारण
Dixon Technologies Share Price:-16 दिसंबर, 2024 को Dixon Technologies के शेयरों ने शुरुआती कारोबार में जबरदस्त उछाल दर्ज किया, जिससे यह अपने ऑल टाइम हाई पर पहुंच गया। इस उछाल का प्रमुख कारण कंपनी द्वारा 15 दिसंबर को की गई एक बड़ी घोषणा है, जिसने निवेशकों का विश्वास और बढ़ा दिया है।
डिक्सन टेक्नोलॉजीज का स्टॉक प्रदर्शन
NSE पर उच्चतम स्तर: ₹18,785
BSE पर उच्चतम स्तर: ₹18,791
पिछले 5 सालों में उछाल: 2,416.08%
1 साल में वृद्धि: 197.75%
मार्केट कैप: ₹1,12,183.01 करोड़
डिक्सन टेक्नोलॉजीज का यह प्रदर्शन कंपनी के लंबे समय से मजबूत विकास और नए अवसरों को भुनाने की क्षमता को दर्शाता है।
शेयर की तेज़ी का कारण
15 दिसंबर, 2024 को Dixon Technologies और Vivo India ने एक ज्वाइंट वेंचर (Joint Venture) के लिए बाइंडिंग टर्म शीट पर हस्ताक्षर किए।
इस साझेदारी में Dixon Technologies की ��िस्सेदारी 51% और Vivo India की हिस्सेदारी 49% होगी।
Read Full Article......Click Here
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Market Update
Expect a Weak Opening for Our Market Today | @ParkaviFinance http://youtube.com/post/UgkxDoNBqLcyC9dkUSZDBwJ5oLQx0IgfhOTL?si=G5d2RjzuIroK5XjP
The benchmark indices managed to end higher for the 4th consecutive week. Friday’s second-half recovery helped Nifty 50 close 220 points higher, supported by FMCG, Infra, Financial services (private banks), IT, and Auto stocks. However, the broader market underperformed throughout the week. FIIs net bought ₹2,335.3 crore, while DIIs net sold ₹732.2 crore in the cash market on Friday. Primary market activity is set to significantly pick up with 6 mainboard IPOs opening for subscription later this week, and 5 companies making their debut on the exchanges.
**US Market Update:**
- Dow closed 0.2% lower
- Nasdaq closed 0.1% higher
- S&P ended flat
Crude oil prices are currently hovering at $74+ per barrel on expectations of sanctions on Russia and Iran. The market is now focusing on the outcome of the US FED meeting due on Wednesday, with high optimism for a 25 bps rate cut. Asian markets are trading lower, and a weak start for our market is expected due to subdued global cues.
### Key Actionable Insights:
**1. Jubilant Foodworks**: Initiated voluntary liquidation proceedings for Hashtag Loyalty Pvt., investment valued at ₹25 crore - **Neutral in short term**
**2. Godavari Biorefineries**: Announces capacity addition of 200 KLPD corn/grain-based distillery - **Positive in long term**
**3. Dixon Technologies**: Signed a binding term sheet with Vivo India for OEM business - **Positive in long term**
**4. ONGC**: No concrete plans yet for listing ONGC Green - **Neutral in short term**
**5. GE Power**: Received ₹18.3 crore purchase order extension for boiler parts supply - **Positive in long term**
**6. Biocon**: CHMP issued a positive opinion for YESINTEK, an Ustekinumab biosimilar - **Positive in long term**
**7. Waaree Energies**: Investing ₹5.5 crore to acquire 55 lakh shares in Ewaa Renewable Techno Solutions - **Positive in long term**
**8. Afcons Infra**: Won ₹1,007 crore EPC order from Madhya Pradesh Metro Rail Company - **Positive in short to medium term**
**9. Samvardhan Motherson**: Acquiring Brazil-based Baldi Industria E Comercio for $7.8 million - **Positive in long term**
**10. IRB Infrastructure**: Approved implementation of Ganga Expressway Project - **Positive in long term**
**11. Happy Forgings**: Secured ₹140 crore order to supply crankshafts for domestic passenger vehicles segment - **Positive in long term**
**12. One 97 Communications**: Completed the sale of stock acquisition rights in Japan-based Paypay Corp - **Positive in short term**
**13. KSB**: Launched a reciprocating pump in the plunger pump category - **Neutral to Positive in short term**
**14. Genus Power Infrastructure**: Commenced commercial production at a new manufacturing facility in Assam - **Positive in long term**
**15. Lemon Tree Hotels**: Signed a licence agreement for a 74-room hotel in Gujarat - **Positive in long term**
**16. HG Infra Engineering**: Received an order worth ₹862 crore from NHAI - **Positive in long term**
**17. Lupin**: Acquired anti-diabetes trademarks from Boehringer Ingelheim International GmbH - **Positive in long term**
**18. JK Paper**: Approved acquisition of a majority stake in Radhesham Wellpack - **Positive in medium to long term**
**19. Globus Spirits**: Launched new brands in Uttar Pradesh - **Positive in long term**
**20. JSW Energy**: Maharashtra State Electricity Discom Co. filed a petition before MERC - **Neutral to marginally Negative in short term**
**21. Bharat Forge**: Approved additional investment in Kalyani Powertrain - **Positive in long term**
**22. Mazagon Dock Shipbuilders**: Clarified no delay communication received for Project P751 - **Neutral in short term**
**23. Reliance Industries**: Acquired a 74% stake in Navi Mumbai IIA for ₹1,628 crore - **Positive in long term**
**24. Premier Explosives**: Entered MoU with Global Munition for a joint venture - **Positive in long term**
**25. Aurobindo Pharma**: Positive opinion for Zefylti biosimilar - **Positive in long term**
**26. Nazara Technologies**: Nodwin acquired 100% stake in Trinity Gaming India - **Neutral to Positive in short term**
**27. Elcid Investments**: Submitted NBFC registration application with RBI - **Neutral to Positive in short term**
### IPO Offerings:
- **Inventurus Knowledge Solutions**: Subscribed 2.65 times on day 2.
- **International Gemmological Institute (India)**: Subscribed 0.17 times on day 2.
### Insider Trades:
- **Godrej Properties**: Promoter Godrej Seeds and Genetics bought 55,000 shares.
- **MTAR Technologies**: Promoter sold 7.9 lakh shares.
### Pledge Share Details:
- **Lloyds Metals and Energy**: Revised pledge for 51.54 lakh shares.
### Trading Tweaks:
- **Ex/record bonus Issue**: Sky Gold (9:1).
- **Ex/record stock split**: PC Jeweller.
- **Moved in short-term ASM**: Zinka Logistics Solutions.
- **Moved out short-term ASM**: Avalon Technologies, HEG, Niva Bupa Health Insurance Co.
### Management Meetings:
- **Globus Spirits**: Meeting investors and analysts on Dec. 18.
- **Five Star Business Finance**: Meeting investors and analysts on Dec. 17.
- **Shriram Finance**: Meeting investors and analysts on Dec. 18.
- **Godawari Power and Ispat**: Meeting investors and analysts on Dec. 18.
- **Varroc Engineering**: Meeting investors and analysts on Dec. 19.
- **Ceigall India**: Meeting investors and analysts on Dec. 18.
### Fund Flows – Cash Market:
- **FII (₹ crore)**: +2,335.3
- **DII (₹ crore)**: -732.2
### Bulk Deals – BSE:
- **PANORAMA STUDIOS LEADING LIGHT FUND VCC**: Bought 5,00,000 shares (0.7%) at ₹230.0 each.
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Dixon Technologies share price jumps over 4% to a record high on joint venture pact with Vivo India
Readmore- https://medium.com/@intensifyresearch09/high-accuracy-stock-market-latest-news-dixon-technologies-share-price-jumps-over-4-to-a-record-e737e222abed
Intensify Research is a trusted high accuracy stock market tips site committed to empowering investors with the most reliable stock market insights. Our team of expert analysts uses advanced tools and strategies to provide you with high accuracy stock market tips that enhance your chances of success. To Visit- Intensifyreserach.com
#stockinvestment#sharemarketing#sharemarket#sharetrading#investment#stocks#shareinvestor#stock market#sharetrader#share this post#banknifty#nifty50
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DB Dixon: Leading Battery Manufacturer Company in India
As a prominent battery manufacturer company in India, DB Dixon has established itself as a trusted name in the battery industry. With a focus on high-quality inverter batteries, we provide reliable energy solutions for both domestic and international markets. Our commitment to quality, efficiency, and innovation ensures that our batteries meet the ever-growing demand for dependable power systems. Serving customers in regions like the UAE, Nigeria, Uganda, Egypt, and Turkey, DB Dixon has built a reputation for delivering durable, sustainable, and high-performance batteries that power homes, industries, and critical infrastructure worldwide.
Our Commitment to Quality and Innovation
At DB Dixon, we understand that reliable power is essential for the functioning of homes, businesses, and industries. As a leading battery manufacturer in India, we are committed to delivering products that meet the highest standards of quality and performance. Our inverter batteries are designed with the latest technology, ensuring that they provide long-lasting power and deliver superior efficiency in a variety of applications.
Advanced Battery Technology for Global Solutions
One of the key factors that sets DB Dixon apart is our focus on advanced battery technology. Our inverter batteries are engineered to offer the best performance across diverse environmental conditions. Whether used for home energy systems, off-grid applications, or industrial power backup, our batteries are built to deliver high energy efficiency, long cycle life, and low maintenance.
Our research and development team continuously works on improving our products by incorporating the latest technology to ensure that our customers receive the most cutting-edge solutions. This innovation-driven approach has helped DB Dixon become a leading supplier of inverter batteries to markets across the globe.
Expanding Our Reach to International Markets
With a firm base in India, DB Dixon is proud to serve international markets. Our batteries are trusted by customers in regions like the UAE, Nigeria, Uganda, Egypt, and Turkey, where our inverter batteries are used to power homes, businesses, and critical infrastructure. The global demand for reliable, efficient, and sustainable power solutions has grown exponentially, and we are committed to meeting this demand with our superior-quality products.
DB Dixon is not just a battery manufacturer company in India; we are a global provider of energy solutions, delivering products that meet international standards. Our robust distribution network and exceptional customer service ensure that our international clientele receives the best in battery technology.
Why Choose DB Dixon Batteries?
DB Dixon offers several advantages that make us a top choice for customers seeking reliable energy solutions:
Superior Quality: Our batteries undergo rigorous testing to ensure they meet the highest standards of safety, performance, and durability.
Global Reach: We serve international markets, providing high-performance inverter batteries to regions like the UAE, Nigeria, Egypt, Uganda, and Turkey.
Innovation and Technology: Our commitment to continuous innovation ensures that our batteries incorporate the latest technological advancements, offering superior performance and efficiency.
Sustainability: We prioritize sustainability in our manufacturing processes, creating products that are not only reliable but also eco-friendly.
Customer Service: Our dedicated customer service team ensures that every client receives the support they need, no matter where they are located.
Conclusion
DB Dixon has earned its reputation as a leading battery manufacturer company in India by consistently delivering top-quality inverter batteries that meet the evolving needs of both domestic and international markets. Our products are trusted for their durability, reliability, and efficiency, making them the ideal choice for powering homes and industries around the world. With a focus on innovation, global expansion, and customer satisfaction, DB Dixon continues to be at the forefront of the battery manufacturing industry.
If you’re looking for superior-quality batteries that offer reliable performance, choose DB Dixon for all your energy storage needs. Contact us today to learn more about our products and how we can serve your power requirements.
Original Source: https://medium.com/@exportdbdixon/db-dixon-leading-battery-manufacturer-company-in-india-013e5a02edf6
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Top Indian Stocks with Impressive Gains Since Diwali
1) Dixon Technologies (India) Noida-based electronics manufacturer Dixon Technologies (India) ltd experienced the highest share increase in this list. Their shares rose by a staggering 164% since last Diwali. They reached ₹13,930 from ₹5,274 last year. 2) Neuland Laboratories Neuland Laboratories ltd is a global active pharmaceutical ingredients (API) contract developer and manufacturer for…
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India wants to become a semiconductor powerhouse, but it can't do it on its own
Workers assembles smartphones at Dixon Technologies factory in Uttar Pradesh, India, on Thursday, Jan. 28, 2021. Bloomberg | Bloomberg | Getty Images India has big ambitions to become a semiconductor powerhouse as the world’s fifth-largest economy pushes for self-reliance in manufacturing. Indian Prime Minister Narendra Modi has set numerous goals to propel the country’s semiconductor sector…
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After Apple, Google To Manufacture Pixel Phones In Chennai
CHENNAI, (IANS) – After Apple, Google is set to manufacture Pixel phones in India, with plans to export the devices to Europe and the US, media reports have said.
According to reports, the tech giant will soon begin commercial production through partnerships with Foxconn and Dixon Technologies’ subsidiary Padget Electronics.
The company has already started trial production in Tamil Nadu with Foxconn, a major maker of Apple devices.
When contacted, Google India did not immediately comment.
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Top Gainers and Losers today on 19 July, 2024: Infosys, ITC, Tata Steel, Bharat Petroleum Corporation among most active stocks
Top Gainers and Losers Today : The Nifty index closed at 24800.85, down by 1.09%. Throughout the day, the Nifty reached a high of 24854.8 and a low of 24508.15. The Sensex traded between 81587.76 and 80499.1, closing 0.91% down at 81343.46, which was 738.81 points below the opening price.
The Nifty Midcap 50 underperformed the Nifty 50, closing 2.54% down. Similarly, small cap stocks underperformed the Nifty 50, with the Nifty Small Cap 100 ending at 18829.2, down by 431.45 points and 2.29% lower.
The Nifty 50 has provided the following returns:
In the last 1 week: 0.11%
In the last 1 month: 4.31%
In the last 3 months: 10.76% Here are the top gainers and losers in the Nifty index today:
Top gainers: Infosys (up 1.99%), ITC (up 0.91%), Asian Paints (up 0.49%), Britannia Industries (up 0.11%), LTI Mindtree (up 0.10%)
Top losers: Tata Steel (down 5.16%), Bharat Petroleum Corporation (down 4.51%), JSW Steel (down 4.51%), Hindalco Industries (down 3.91%), Oil & Natural Gas Corporation (down 3.63%)
The Bank Nifty ended at 52620.7, with an intraday high of 52586.75 and a low of 52146.3. The Bank Nifty's performance over different time periods is as follows:
In the last 1 week: -0.0%
In the last 1 month: 1.71%
In the last 3 months: 9.89%
In the last 6 months: 14.39% The top gainers and losers during the trading session on July 19, 2024, are as follows:
Sensex:
Top gainers: Infosys (up 1.92%), ITC (up 0.89%), Asian Paints (up 0.53%), HCL Technologies (up 0.03%)
Top losers: Tata Steel (down 5.17%), NTPC (down 3.51%), Tata Motors (down 3.43%), Ultratech Cement (down 3.28%), Tech Mahindra (down 3.16%)
Nifty:
Top gainers: Infosys (up 1.99%), ITC (up 0.91%), Asian Paints (up 0.49%), Britannia Industries (up 0.11%), LTI Mindtree (up 0.10%)
Top losers: Tata Steel (down 5.16%), Bharat Petroleum Corporation (down 4.51%), JSW Steel (down 4.51%), Hindalco Industries (down 3.91%), Oil & Natural Gas Corporation (down 3.63%)
Nifty MidCap 50:
Top gainers: Mphasis, Astral, Page Industries, L&T Technology Services, Au Small Finance Bank
Top losers: Persistent Systems, Cummins India, Dixon Technologies (India), NMDC, Dalmia Bharat
Nifty Small Cap 100:
Top gainers: Tata Teleservices Maharashtra, Titagarh Rail Systems, Karur Vysya Bank, IRCON International, Data Patterns India
Top losers: Apar Industries, Multi Commodity Exchange Of India, Amber Enterprises India, Mangalore Refinery & Petrochemicals, Castrol India
BSE:
Top gainers: Focus Business Solution (up 4.97%), Tata Teleservices Maharashtra (up 4.80%), Rail Vikas Nigam (up 4.72%), Teamlease Services (up 3.88%), Jubilant Pharmova (up 3.48%)
Top losers: Clara Industries (down 7.84%), Amber Enterprises India (down 6.83%), Apar Industries (down 6.57%), JK Paper (down 6.54%), Persistent Systems (down 6.50%)
NSE:
Top gainers: Tata Teleservices Maharashtra (up 4.96%), Rail Vikas Nigam (up 4.71%), Jubilant Pharmova (up 3.10%), One 97 Communications (up 3.02%), Titagarh Rail Systems (up 2.87%)
Top losers: Apar Industries (down 6.71%), Persistent Systems (down 6.39%), JK Paper (down 6.26%), Jindal Stainless (down 6.26%), Cummins India (down 6.25%)
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Calling all tech enthusiasts and Google Pixel fans in India! The wait is almost over for the highly anticipated launch of the Made-in-India Pixel 8 series. This exciting development marks Google's commitment to the Indian market and signifies a strategic partnership with Dixon Technologies, a leading Indian electronics manufacturer. Let's delve deeper into what this means for Indian consumers and the future of Google's Pixel phones in the region. Google Pixel 8 Goes Desi Stepping Up the Game: Google Joins India's "Make in India" Initiative Previously, Google stood out amongst major smartphone brands for not participating in India's "Make in India" program. However, a significant shift occurred in February 2024 when the tech giant announced plans to diversify its supply chain and begin producing Pixel phones within India. This move not only supports India's economic initiatives but also potentially paves the way for more competitive pricing for Indian consumers. Partnering for Success: Google and Dixon Technologies Join Forces The production of the Made-in-India Pixel 8 series hinges on a collaborative effort between Google and Dixon Technologies. Dixon, a well-established player in the Indian electronics manufacturing landscape, brings its expertise and production capabilities to the table. This partnership is expected to streamline the manufacturing process and optimize production costs, potentially leading to more affordable Pixel phones for the Indian market. From Trial Production to Market Shelves: The Pixel 8 Series Arrives As of today, Dixon Technologies has already commenced trial production of the Pixel 8 series in India. This signifies a crucial step forward, and the first batch of these "Made in India" Pixel 8 smartphones is expected to hit store shelves in September 2024. Industry reports suggest that Dixon Technologies aims to produce a significant number of Pixel 8 units per month, with a portion designated for export to other markets. This not only fuels India's smartphone production capabilities but also positions the country as a potential hub for exporting Pixel devices. Padget Electronics: A Key Player in the Production Process Digging deeper into the production chain, Padget Electronics, a subsidiary of Dixon Technologies, plays a vital role. Padget has secured an agreement with Compal Electronics, a Taiwanese company known for being a manufacturing partner for Google products. This collaboration ensures that the Made-in-India Pixel 8 series adheres to Google's stringent quality standards, offering Indian consumers the same exceptional experience they expect from Pixel phones. Economic Factors and Potential Impact on Pricing Several economic factors are likely to influence the pricing of the Made-in-India Pixel 8 series: Production-Linked Incentive (PLI) Scheme: The Indian government's PLI scheme for mobile phones offers incentives to manufacturers who set up production facilities in India. This scheme likely motivates Google to invest in local production, potentially leading to cost reductions. Competitive Production Costs by Dixon Technologies: Dixon Technologies' established infrastructure and expertise in electronics manufacturing are expected to keep production costs competitive. This could translate to more affordable Pixel 8 phones for Indian consumers. However, it's important to note that the Pixel 8a, a different model within the Pixel lineup, currently carries a higher price tag in India compared to its predecessor, the Pixel 7a. It remains to be seen how the "Made in India" initiative will ultimately affect the pricing of the Pixel 8 series in the Indian market. Current Pricing of the Pixel 8 Series in India While the pricing of the Made-in-India Pixel 8 series is yet to be officially revealed, here's a reference point based on the current market prices: Pixel 8: Starts from Rs 69,999 for the base 8GB/128GB model and goes up to Rs 77,999 for the 8GB/256GB variant. Pixel 8 Pro: Starts from Rs 1,01,999 for the base 12GB/128GB configuration and can reach Rs 1,08,999 for the 12GB/256GB variant. It's important to note that these are the current prices and may not reflect the final pricing of the Made-in-India Pixel 8 series. Looking Ahead: What Does the Future Hold? The launch of the Made-in-India Pixel 8 series marks a significant milestone for Google and the Indian smartphone market. This initiative holds the potential to: Increase Pixel Phone Affordability: With local production potentially reducing costs, Indian consumers might see more competitive pricing for future Pixel models. Frequently Asked Questions: Q: When can I expect to buy a Made-in-India Pixel 8 phone? A: The first batch of Made-in-India Pixel 8 phones is expected to hit store shelves in September 2024. Q: Will the Made-in-India Pixel 8 series be cheaper than the current models? A: The exact pricing for the Made-in-India Pixel 8 series hasn't been announced yet. However, local production could potentially lead to a reduction in costs and a more competitive price point for Indian consumers. Q: Where will the Made-in-India Pixel 8 phones be manufactured? A: Dixon Technologies, a leading Indian electronics manufacturer, will be responsible for producing the Pixel 8 series in India. Q: Will Google manufacture other Pixel models in India besides the Pixel 8? A: There's no official information yet regarding the production of other Pixel models in India. However, the success of the Made-in-India Pixel 8 series could pave the way for Google to expand its local production in the future.
#DixonTechnologies#googlepixel8#GooglePixel8GoesDesi#GooglesmartphonemanufacturinginIndia#MadeinIndia#Pixel8features#Pixel8Indialaunch#Pixel8localproduction.#Pixel8priceinIndia#Pixel8Pro#Pixel8production#Pixel8serieslaunchdate#Pixel8specifications#Pixel8a
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Actively encourage wealth creation, startups; committed to provide right environment for them to flourish, says PM Modi
Encouraging Startup Growth
Prime Minister Narendra Modi has reaffirmed his government’s commitment to fostering an environment conducive to startup growth and wealth creation in India. He emphasized the importance of providing the right ecosystem for startups to thrive and contribute to the nation’s economic progress. Modi’s remarks come in response to accolades from prominent figures in India’s startup ecosystem, highlighting the positive impact of government initiatives on entrepreneurship and innovation.
Supporting Entrepreneurial Spirit
Prime Minister Modi praised the entrepreneurial endeavors of people such as Varun Alagh, co-founder of Mamaearth, and Deepinder Goyal, founder of Zomato, in a series of postings on the social media site X. Coming from a modest background himself, Goyal acknowledged that government efforts allowed him to turn Zomato into a profitable business that employs thousands of people. Alagh further commended the Modi government for building a conducive environment that enables middle-class entrepreneurs to fulfill their aspirations.
Recognition from Startup Leaders
At a recent gathering chaired by Cabinet Minister Hardeep Singh Puri, startup executives praised the Modi government’s initiatives to foster technology innovation and entrepreneurship. Prominent individuals such as Abhiraj Singh Bhal from Urban Company and Rohan Verma from MapMyIndia have expressed their appreciation for government programs like Startup India and the unblocking of vital industries like space and geospatial technology. They emphasized how proactive policies might generate chances for growth and innovation.
India’s Progress in Strategic Sectors
Modi also praised India’s space industry achievements, which have won praise from all across the world. He reaffirmed the government’s commitment to revolutionizing vital industries like geospatial technology and space, creating fresh chances for advancement and creativity. India is becoming a leading innovator in aerospace and allied industries thanks to the opening up of important sectors like space and military.
Creating Opportunities in Manufacturing
Dixon Technologies Chairman Sunil Vachani praised India’s shift from importing to manufacturing billion-dollar electrical items. He attributed this change to government initiatives, most notably the “Make in India” campaign. Vachani emphasized the tremendous advancements made in industries like LED lights and televisions, where domestic value addition is as high as 75%, while noting the need for higher value addition in manufacturing.
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PM Modi Champions Startups and Wealth Creation: A Commitment to Growth
Prime Minister Narendra Modi recently emphasized his government’s dedication to encouraging startups and wealth creation in India. Responding to praise from various startup founders and business leaders, Modi highlighted the supportive environment the Bharatiya Janata Party-led administration is fostering for entrepreneurship and innovation.
Praise from Industry Leaders
In a series of posts on social media platform X (formerly Twitter), Modi responded to comments made by top executives from companies like Zomato, Urban Company, Mamaearth, and MapMyIndia at an event hosted by Cabinet Minister Hardeep Singh Puri. The event also saw the participation of Minister of State for Electronics & Information Technology, Rajeev Chandrasekhar, where leaders in the startup ecosystem commended the government’s efforts in promoting technological innovation and manufacturing.
Encouraging Entrepreneurship
Highlighting the story of Zomato’s founder, Deepinder Goyal, Modi praised his journey from a small-town background to creating a successful business. “In today’s India, one’s surname doesn’t matter. What matters is hard work,” Modi posted. Goyal had previously remarked that despite initial doubts, the government’s initiatives allowed him to build Zomato, which now employs thousands.
Similarly, Modi applauded Mamaearth founder Varun Alagh, who, along with his wife, built their company from scratch with government support. “Keep up the great work and continue to inspire others with your success, Varun! Our government actively encourages startups and wealth creation,” Modi wrote.
Support for Homegrown Talent
Urban Company’s founder, Abhiraj Singh Bhal, praised the government’s role in helping build a skilled workforce and supporting the Startup India initiative. In response, Modi acknowledged the impact of the initiative on fostering innovation and growth.
Unlocking Strategic Sectors
MapMyIndia CEO Rohan Verma highlighted the government’s efforts in opening up strategic sectors like space, geospatial, and defense. Modi responded by emphasizing the global recognition of India’s strides in the space sector and the government’s commitment to transforming these crucial areas.
Venture capital leader Rajan Anandan also praised the opening of strategic sectors, noting the spurred innovation in aerospace, space, and defense. Modi responded by affirming the government’s support for innovators and wealth creators.
Boosting Manufacturing
Sunil Vachani, Chairman of Dixon Technologies, praised the government’s policies for transforming India’s electronics and mobile phone industry. He highlighted the shift from importing to producing $100 billion worth of electronic products, with significant contributions to exports. Modi agreed, noting the remarkable transformation and proactive steps taken in recent years.
Conclusion
Prime Minister Narendra Modi’s responses reflect a strong commitment to creating an environment where startups and wealth creation can thrive. The government’s efforts in supporting innovation, unlocking strategic sectors, and boosting manufacturing are paving the way for India’s economic growth and global recognition.
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Dixon Technologies Selects Blue Yonder To Optimize Its Material And Capacity Planning
Blue Yonder has been selected by Dixon Technologies, a prominent electronic manufacturing services (EMS) supplier in India, to augment its supply planning proficiencies via digital transformation. With assistance from the EY company, Dixon Technologies will put Blue Yonder's Supply Planning solution into practice to handle complicated material and capacity planning issues. The collaboration intends to address the issues with manual planning procedures, promote innovation, and streamline corporate operations.
Dixon Technologies is a company in the consumer electronics industry that provides design-focused solutions for lighting, mobile phones, home appliances, consumer durables, and security equipment. The business caters to a wide range of international consumers and is renowned for its dedication to excellence. Dixon operates from 21 production plants in India and three research and development centers in China and India, with an estimated turnover of $1.5 billion USD.
Dixon Technologies looked for a revolutionary solution in response to difficulties with manual planning methods. The company has decided to scale its operations in tandem with the expansion of its contract manufacturing business by utilizing Blue Yonder's Supply Planning solution, which is backed by the EY organization. The implementation seeks to raise EBIDTA and scale profitably by optimizing material and capacity allocation, improving supply chain planning accuracy and efficiency, and speeding up responsiveness to changes in supply and demand.
Read More - bit.ly/3OoxHu9
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