AgenciesThe company has invested Rs 256 crore in the facility that takes up 2.7 lakh square feet and has an annual capacity of 25 million units, the company said in a statement.
"It is a momentous step towards our commitment of boosting the local smartphone manufacturing system in India," Sunil Vachani, executive chairman, Dixon Technologies said in a statement.
"This is a significant step forward in our journey of boosting the local smartphone manufacturing ecosystem in India, and building a strong, world-class technology system," said Atul Lall, vice chairman and managing director, Dixon Technologies.
Thursday, 30 Nov, 2023
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Nifty Reclaims Mt 20kIndia’s stock benchmarks rose more than 1% on Wednesday with the Nifty closing above 20,000 for the first time since September 13 as receding concerns over further rate hikes in the US revived risk-on sentiment.
ED Flags Failure to Submit Papers, Delays by Byju’sThe Directorate of Enforcement (ED) has alleged a slew of violations under the foreign exchange law, including failure to submit crucial documents in time as well as realize export proceeds, by Byju’s parent Think & Learn, apart from holding founder Byju Raveendran responsible.
HCL Inching Close to Chip Unit in K’takaThe HCL Group is moving closer to setting up an Outsourced Semiconductor Assembly and Test (OSAT) facility — also termed as a chip packaging unit — in Karnataka, multiple people aware of the developments told ET.
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