New Delhi: Dixon Technologies’ wholly-owned subsidiary Padget Electronics has signed an settlement with Motorola for manufacturing of sensible telephones at its facility in Noida bordering the nationwide capital.
Padget is without doubt one of the few firms which just lately acquired approval from the federal government beneath the manufacturing linked incentive (PLI) scheme.
In October, the federal government had cleared 16 proposals from home and worldwide firms entailing an funding of Rs 11,000 crore beneath the PLI scheme to fabricate cell phones price Rs 10.5 lakh crore over the subsequent 5 years.
“At Dixon, we’re dedicated to the federal government’s imaginative and prescient of constructing India an ‘Atmanirbhar Bharat,’ mentioned Vice Chairman and Managing Director Atul B Lall.
“We are confident that in the backdrop of government schemes and initiatives to boost electronics manufacturing sector, India will soon be a competitive destination globally,” he mentioned in a press release on Monday.
Lall mentioned Dixon is honoured to be related to Motorola model and “we aspire to take forward their legacy of high quality, commitment, ethics and trust.”
Dixon Technologies India Ltd is the biggest home-grown design-focused and options firm engaged in manufacturing merchandise within the client durables, lighting and cell phones/sensible telephones markets in India.
Its product portfolio consists of client electronics like LED TVs; residence home equipment like washing machines; lighting merchandise like LED bulbs and tubelights, downlighters; cell phones/sensible telephones; CCTV and DVRs; and medical tools.
Dixon additionally offers options in reverse logistics, that’s restore and refurbishment providers of set-top packing containers, cell phones/sensible telephones and LED TV panels.