HP and Dixon Technologies Join Forces to Manufacture Laptops Under PLI 2.0
HP and Dixon Technologies Forge a Strategic Alliance
HP has officially partnered with Dixon Technologies, marking a significant milestone in their efforts to boost domestic production of laptops. Under the Production Linked Incentive Scheme (PLI 2.0), Dixon will manufacture laptops and PCs at its Chennai facility, which is poised to have a production capacity of up to 2 million units per year.
Investment in Future Production
This partnership signifies HP's commitment to the Make in India agenda. Vice Chairman Atul Lall has indicated that this facility, financed by a Rs 250 crore investment, will initially create around 1200-1500 jobs. By leveraging the PLI 2.0 scheme, HP aims to strengthen its foothold in the competitive tech landscape.
Industry Impact and Expansion
- Dixon's collaboration with HP positions it as a key player among global PC brands, following contracts with Acer and Lenovo.
- This developmentCould rejuvenate the Indian tech manufacturing sector, inviting more major brands to explore domestic production.
- As a part of the revised PLI scheme, the association could overcome previous slow uptake issues, enhancing market dynamics.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.