DAIKIN
Sunil Vachani
Chairman,
Dixon Technologies India Ltd

Capitalizing On The Emerging Opportunities

Dixon is India’s leading homegrown, manufacturing and design-focused solutions company, engaged in manufacturing products across multiple consumer durable segments. The company is integrated original equipment manufacturing (OEM) company, covering sourcing, designing, manufacturing, quality checks, packaging, and logistics solutions for leading brands in India. The company’s continuous investments in in-house R&D have also led to us emerging as a leading original design manufacturer (ODM) across various verticals. Dixon Technologies’ vision is to emerge as the largest and the most cost-effective complete solution provider for consumer electronics, home appliances, lighting electronics, mobile phone sectors and security surveillance systems for the domestic and international market.

Dixon has one of the largest facilities in India with a capacity of 2.4 million TVs per year. The company has currently three LCM and three FA lines in an integrated facility at Tirupati, in the state of Andhra Pradesh. Post the company’s listing on the Indian stock exchanges on September 18, 2017, this has been a landmark year, with its stock prices debuting on BSE at a premium of -54 percent from the offer price.

The revenues increased by 14 percent to Rs 28,576 million driven by continue demand by the end user. Further, Dixon is attractively placed to capitalize on the emerging opportunities of the dynamic electronics industry, where technologies and consumer preferences change rapidly. Both the demand and production of electronics is expected to grow at a CAGR of 41 percent to USD 400 billion and 27 percent to USD 104 billion, respectively by 2020, courtesy the government’s support towards electronics industry under Make in India initiative.

Dixon’s OEM and ODM business model has helped to build up a leading position in India with nine state-of-the-art manufacturing facilities and an optimum production capacity for all products. The company has received recognition for its R&D center in Noida from Department of Scientific and Industrial Research. The TV factory is situated at Tirupati, Andhra Pradesh, only 140 km from Chennai Port and 4 km from Tirupati Airport. The factory is strategically located with a logistics advantage for entire South, parts of western and adjoining markets of eastern region of India market for a lower cost of labor and other overheads, manpower cost is lowest in Tirupati across South India.

To effectively manage the supply chain, the company has a sufficient warehousing facility of total 80,000 sq. ft. in Tirupati for TVs and 40,000 sq. ft. in Dehradun for washing machines. The company continues to keep a sharp focus on employee engagement and people remain the most valuable asset of our company with a highly talented and experienced management team with proven track record.

Dixon Technologies has been applauded and has received various accolades over the years and in the year 2018 inter-alia received Electronic Company of the Year by ELCINA-EFY.

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