Dixon Electro and Nokia have officially launched the manufacturing of fixed broadband devices in India. The collaboration will focus on producing GPON, 5G FWA, and Mesh Wi-Fi devices, all capable of delivering up to one gigabit per second per home.
According to Business Standard, MENAFN, and CXO Today, Dixon Electro has set up a dedicated manufacturing facility with an annual production capacity of 10 million devices. The new facility is expected to generate approximately 3,000 jobs, contributing to local economic growth.
According to the partnership, Nokia's R&D Center in Chennai will lead the design and development of the devices, while Dixon Electro will manage large-scale manufacturing.
Atul B. Lall, managing director of Dixon Technologies, stated that the partnership with Nokia marks a significant milestone in India's manufacturing sector, aligning with the vision of a self-reliant India. He emphasized that local production of advanced broadband devices reaffirms Dixon's commitment to expanding India's electronics ecosystem while driving job creation and economic growth.
Sandy Motley, VP of Fixed Networks at Nokia, highlighted India's rapidly evolving broadband landscape and expressed pride in contributing to this transformation. Through the partnership, Nokia aims to support India's shift to a digitally connected future, leveraging its expertise in FTTH and FWA technologies.
Tarun Chhabra, Nokia India Country Head, stated that Nokia recognizes significant opportunities in the 4G and 5G markets in India, which is a high-growth, high-data consumption region. He emphasized that by manufacturing locally, Nokia is not only supporting the Make in India initiative but also creating an environment that fosters innovation, job creation, and community empowerment.
According to the latest financial results released in October, Dixon Technologies reported an impressive 133% annual growth in sales for the third quarter of 2024. Mobile manufacturing remains the largest revenue contributor for the company, with significant growth driven by India's incentive policies and the global shift in production. In addition to its success in mobile manufacturing, Dixon is diversifying into various sectors, including IT hardware and display manufacturing, expanding its market presence and further capitalizing on the country's evolving manufacturing ecosystem.
Dixon Technologies and Foxconn are among the primary beneficiaries of India's Production Linked Incentive (PLI) scheme, each approved under three PLI categories, including IT hardware, telecom and networking products, and IT hardware.
