New Delhi, September 9, 2024

Padget Electronics Private Limited, a wholly owned subsidiary of Dixon Technologies intends to enter into an MOU with HP India Sales Private Limited to carry out manufacturing of notebooks, desktops, and All-in-one PCs under PLI 2.0, subject to signing of definitive agreements in due course.

The new facility being established in Oragadam, Chennai, Tamil Nadu, under Government of India’s IT Hardware PLI 2.0 Scheme, will be a state-of-the-art plant dedicated to manufacturing Laptops, Desktops, and all-in-one devices. Spanning across 300,000 square feet, the plant is projected to create 1,500 direct jobs. At peak capacity, it will be capable of producing 2 million units annually.

Ms. Ipsita Dasgupta, Managing Director, India Market, HP: “We are excited to announce HP's partnership with Dixon Technologies to manufacture HP products under the Production Linked Incentive scheme (PLI 2.0). Today’s announcement reaffirms HP’s commitment and pride to participate in the Government’s Make in India initiative. Through this partnership we look forward to offering our customers in India an enhanced portfolio of domestically manufactured products that combine HP's cutting-edge technology with Dixon's manufacturing expertise.”

Mr. Atul B Lall, Vice Chairman and Managing Director, Dixon Technologies: “It gives us immense pleasure to partner with the iconic brand HP to manufacture PCs under PLI 2.0. HP is a leading global player in their field known for their technologically advanced products with a worldwide presence in more than 170 countries. We are sure that with HP’s vision and rigorous industry-leading processes, combined with our expertise in manufacturing, we will be able to bring a range of HP personal systems to Indian customers.”

About Dixon Technologies (India) Limited:
Dixon Technologies is India’s largest* home-grown, design-focused, and solutions-led electronics manufacturer. It operates across several verticals including consumer electronics (LED TVs), home appliances (washing machines, refrigerators), lighting products (LED bulbs, battens, downlighters), mobile phones, wearables & hearables, telecom equipment, and IT hardware. Dixon also offers repair and refurbishment services under its reverse logistics business.

*Source: Project Rise: Indian Consumer Electronics & Appliances Market Study by Frost & Sullivan India Pvt. Ltd.