In a bold move to tap into India’s growing IT hardware manufacturing sector, Dixon Technologies, a leading homegrown electronics manufacturer, has announced the launch of a wholly-owned subsidiary called Dixon Teletech. This new venture will focus on manufacturing and dealing in IT hardware components, products, and equipment. The announcement comes as India is rapidly becoming a hub for…
In a significant boost to India’s domestic manufacturing sector, Dixon Technologies has secured a major contract from American tech giant HP to produce laptops and desktops. This move aligns with the Indian government’s ongoing efforts to enhance local production through the ‘Make in India’ initiative and capitalize on the Production Linked Incentive (PLI) scheme for IT hardware.
New…
Global index provider MSCI has announced significant changes to its India Index for August, adding seven stocks while removing one. The additions include Rail Vikas Nigam Limited (RVNL), Vodafone Idea, Dixon Technologies, Oil India, Prestige Estates, Oracle Financial Services, and Zydus Lifesciences. Bandhan Bank will be the sole stock removed from the index. Additionally, MSCI will be increasing…
