You will get laptops cheaply, Dixon is setting up a laptop factory in this city of India, know the whole thing here

New Delhi: Now you will get world quality laptop at cheap price. Yes, electronics contract manufacturing company Dixon Technologies is close to opening a new factory in Chennai. At that factory, the company will make laptops for four of the top five notebook brands in the country. A top official of the company said that the laptop factory in Chennai will become operational in the next 8 to 10 months.

Site has been determined

Atul B, Chairman and Managing Director of Dixon Technologies. Speaking to our colleague ET, Lal told, ‘We have customers from the top four out of the top five brands operating in the country. For this, a new site is being planned in Chennai. The site has been identified and necessary resources have also been collected.

Just like it was done in mobile, it was done in laptop also.

Lal said, ‘Our aim is to start this facility in Chennai in the next 8 to 10 months. Therefore this is also going to be a very important engine of our growth. What the team has been able to do on the mobile front, we aspire to do the same for IT products,’ he said.

Acer and Lenovo are their customers

Dixon is currently one of the largest contract manufacturing companies in the country. The company is already making notebooks for Acer and has started the NPI (New Product Introduction) process for Lenovo laptops, with mass production scheduled to begin in Q3FY2025.

The market is worth 10 billion dollars

Lal says that the addressable market for IT products in India is around $10 billion. It is noteworthy that in the last June quarter, Dixon had earned a revenue of Rs 6,588 crore. This is an increase of 101% on an annual basis. Along with this, there is an annual increase of 109% in the net profit of the company. It stood at Rs 140 crore in the last quarter, most of which came from the company’s mobile and EMS (Electronics Manufacturing Services) divisions.