Noida-based Dixon Technologies on Wednesday signed an MoU with the Tamil Nadu government (with Guidance) for setting up a new manufacturing facility at Oragadam near Chennai with an investment of ₹1,000 crore. The facility at IndoSpace Industrial Park will employ around 5,000 people and will manufacture laptops and all-in-one personal computers.
Founded in 1993, Dixon Technologies manufactures products for Samsung, Xiaomi, Motorola, Panasonic, TCL and One Plus, a release on the investment said.
The home grown electronic manufacturing services company’s diversified product portfolio includes consumer electronics like LED TVs; home appliances; lighting products; mobile phones; wearables, refrigerators. It also provides solutions in reverse logistics i.e. repair and refurbishment services of LED TV panels. In Q325 Dixon reported a net profit of ₹217 crore on revenue of ₹10,461 crore. The company employs around 22,000 persons.
Commenting on the development, Tamil Nadu Industries Minister TRB Rajaa in a social media post said that HP laptops will soon be made in Tamil Nadu. “Under the visionary leadership of the Chief Minister MK Stalin, we are building a $100-billion electronics manufacturing ecosystem — and every factory we launch is a step closer to that dream,” he said.
Report in Feb
In February, businessline had reported that Dixon will inaugurate a plant in the State by May with an investment of ₹1,000 crore and 5,000 jobs.
The electronics manufacturing company has facilities in Uttar Pradesh, Uttarakhand and Andhra Pradesh. Tamil Nadu is the next destination, the company’s Vice-Chairman and Managing Director, Atul B Lall, then told businessline. Chennai is the company’s 24th facility in the country, he added. In the first phase, the investment would be ₹250-300 crore, he had then said.
The company’s share price on the NSE closed at ₹13,278.25, up ₹286.45 (2.20 per cent).
Published on April 9, 2025
