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Dixon rallies 6% as unit signs MOU with Asus for manufacturing notebooks

Business Standard LogoBusiness Standard1d ago

Dixon rallies 6% as unit signs MOU with Asus for manufacturing notebooks - Business Standard

Quick Summary:

In the past one year, Dixon Tech has zoomed 182 per cent, compared to the nearly 23 per cent surge in the BSE Sensex during the same period.

Enhanced government impetus for ‘Make in India’ products and recent policy boosters for electronics and component manufacturing in India to support assembly, also augurs well for the company’s growth.

In  the  past  two to three  years,  the  group  has strengthened its relations with existing clients and onboarded several new ones across segments, such as Xiaomi (mobiles), Realme, Compal, Voltas and Bosch (home appliances), Airtel and Jio (telecom and networking products), Acer and Lenovo (IT hardware), among others.


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Article Details

Category: BusinessFinance

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-16 @ 13:16:41 (1 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 786 words

Reading Time: 5 minutes read

Sentences: 23 lines

Sentence Length: 35 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 22525720

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About Business Standard

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 249 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 2 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #49

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