November 24, 2024

Market Research: Dixon Noida facility to manufacture Xiaomi phones; here’s IT minister’s ‘special message’ on the factory

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Homegrown Dixon Technologies’ subsidiary Padget Electronics will manufacture Xiaomi smartphones at its new Noida factory. The facility has been set up with Rs 256 crore investment. Inaugurated by IT Minister Ashwini Vaishnaw, the facility is expected to generate around 5,000 new jobs. The manufacturing facility has an annual production capacity of 25 million units.
The factory is answer to those who say that India only assembles phones
“We have seen complex manufacturing at the new Dixon facility which is an answer to those who say India is only assembling phones and not manufacturing them,” said the minister.The IT minister further acknowledged India’s emergence as an smartphone export hub.
Dixon Technologies Executive Chairman Sunil Vachani said that it is a “momentous step towards our commitment to boosting the local smartphone manufacturing ecosystem in India”. “We believe that this association will leverage our excellence and superior execution and Xiaomi’s expertise and leadership in the Indian business ecosystem,” Vachani added.
Over 99% phones sold in India are made in IndiaRecently, IT minister Vaishnaw said that 99.2 per cent of the mobile phones used in the country are manufactured locally. “The mobile manufacturing industry has crossed $44 billion worth,” he added while speaking to reporters after visiting the Tata iPhone plant in Tamil Nadu’s Hosur. India has an ambitious goal to produce electronic goods worth more than $300 billion by 2025-26 and the manufacturers are encouraged by schemes and subsidies, the minister said.
Earlier this week, he also shared the photo of a Nokia phone and said that Nokia phones are now not only made in India, but also exported from India. “Remember the good old Nokia phone? It’s manufactured in India and now ready to be exported,” he posted on X, formerly Twitter.



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