Dixon's Padget to Make Xiaomi Smartphones in Noida
By Rediff Money Desk, NEWDELHI Nov 30, 2023 17:59
Dixon Technologies' subsidiary Padget Electronics will manufacture Xiaomi smartphones at its new Noida factory, with an annual production capacity of 2.5 crore units.
![Dixon's Padget to Make Xiaomi Smartphones in Noida](https://im.rediff.com/money/2017/mar/21xiaomi.jpg)
New Delhi, Nov 30 (PTI) Electronic manufacturing services firm Dixon Technologies' arm Padget Electronics will manufacture Xiaomi smartphones at its new Noida factory, which was inaugurated by Union IT Minister Ashwini Vaishnaw on Thursday.
Dixon's wholly-owned subsidiary Padget Electronics has set up a new factory at an investment of Rs 256 crore.
The factory has an annual production capacity of 2.5 crore units per annum.
"It is a momentous step towards our commitment to boosting the local smartphone manufacturing ecosystem in India. We believe that this association will leverage our excellence and superior execution and Xiaomi's expertise and leadership in the Indian business ecosystem," Dixon Technologies Executive Chairman Sunil Vachani.
Dixon's wholly-owned subsidiary Padget Electronics has set up a new factory at an investment of Rs 256 crore.
The factory has an annual production capacity of 2.5 crore units per annum.
"It is a momentous step towards our commitment to boosting the local smartphone manufacturing ecosystem in India. We believe that this association will leverage our excellence and superior execution and Xiaomi's expertise and leadership in the Indian business ecosystem," Dixon Technologies Executive Chairman Sunil Vachani.
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