Dixon Technologies signs MoU with Acerpure for consumer appliance manufacturing

  • Industry News
  • May 17,24
Acerpure is involved in the trade, import, and export of consumer durables, home appliances, peripherals, accessories, components, parts, and related services.
Dixon Technologies signs MoU with Acerpure for consumer appliance manufacturing

Dixon Technologies (India) has announced the signing of a Memorandum of Understanding (MoU) with Acerpure Indian CE for the manufacturing of a range of consumer appliance products. Acerpure is involved in the trade, import, and export of consumer durables, home appliances, peripherals, accessories, components, parts, and related services.

Under the agreement, Dixon Technologies will undertake the manufacturing of Acerpure products in its facilities, starting with state-of-the-art TVs, subject to the signing of definitive agreements. 

Sunil Vachani, Executive Chairman, Dixon Technologies, said, “The introduction of Acerpure and our expanded collaborative efforts represent a significant stride towards enhancing India's self-sufficiency and global competitiveness in the electronics sector. Aligned with the 'Make in India' initiative, our goal is to manufacture premium consumer products for both domestic and international markets, thereby stimulating economic growth and fostering innovation while nurturing local talent. This partnership highlights our unwavering commitment to delivering high-quality, Made in India products, marking a notable milestone in our relentless pursuit of excellence."

Harish Kohli, President & MD, Acer India, said, “Through this collaboration with Dixon Technologies, we are poised to usher in a wave of locally manufactured products, aligning seamlessly with the Make in India initiative. This partnership embodies our shared vision of fostering economic growth and technological advancement within the nation. Together, we look forward to crafting cutting-edge solutions that resonate with the diverse needs and aspirations of Indian consumers, empowering them to embrace a brighter, technologically enriched future."

In the financial results for Q4 FY24, Dixon Technologies reported a 20.68% rise in consolidated net profit to Rs 973 million compared to Rs 806.2 million in Q4 FY23. The revenue from operations also saw significant growth, increasing by 51.95% to Rs 46,579.7 million for the quarter ended March 31, 2024.

Dixon Technologies (India) has transformed from a manufacturer of electronic goods to a leading multi-product company with diverse activities. Its core business activity revolves around the manufacturing of electronics. On Thursday, May 16, 2024, the company's stock rose by 1.95% to end at Rs 8,254.70.
(Source: Business Standard)

Related Stories

Material Handling Equipment
Are the safety integration of AGVs a challenge?

Are the safety integration of AGVs a challenge?

By definition, AGVs are typically supplied as incomplete machines.

Read more
Smart Manufacturing
SME to host webinar on how to make India a global manufacturing powerhouse

SME to host webinar on how to make India a global manufacturing powerhouse

The virtual panel discussion, "Can India Build Global Manufacturing Capabilities?", will be held on June 21, 2024 from 3.30 to 5.00 pm and will present ways to enhance Indian manufacturers competiti..

Read more
Material Handling Equipment
“The adoption of smart factory solutions and Industry 4.0 technologies is accelerating.”

“The adoption of smart factory solutions and Industry 4.0 technologies is accelerating.”

Indian manufacturers are rapidly embracing Industry 4.0 principles, incorporating advanced technologies such as AI, robotics, AI and digitalisation to enhance efficiency and productivity.

Read more

Related Products

Servo Drives, Fully Digital

ELECTRICAL & ELECTRONIC EQUIPMENT

Bristol Industrial Electronics offers optimum quality, fully digital servo drives. 

Read more

Request a Quote

Fluorescent Pigments for Traffic Cone

ELECTRICAL & ELECTRONIC EQUIPMENT

Aron Universal Limited offers a wide range of fluorescent pigments for traffic cone.

Read more

Request a Quote

D C Choke

ELECTRICAL & ELECTRONIC EQUIPMENT

Miracle Electronic Devices Pvt Ltd offers a wide range of D C choke.

Read more

Request a Quote

Hi There!

Now get regular updates from IPF Magazine on WhatsApp!

Click on link below, message us with a simple hi, and SAVE our number

You will have subscribed to our Industrial News on Whatsapp! Enjoy

+91 84228 74016

Reach out to us

Call us at +91 8108603000 or

Schedule a Call Back