Dixon technologies chalks CAPEX worth Rs 400 crores, to ramp up production
Multinational electronics manufacturing services company Dixon Technologies has plans to ramp up its capacity on the back of a strong order book. As per the The New Indian Express company has bagged smartphone contracts from two major brands and the production is expected to commence in the next five months.
The MD of the firm said that agreements with both customers are in the final stages of closure, and we expect very decent volumes from these two new customers. Dixon's current building has a capacity of 30 million smartphones across three of its four plants in Noida. Additionally, the company is building an 860,000 sq.ft. factory in Noida.
Also Read: Dixon To Make Smartphone For Xiaomi At Noida Facility