iifl-logo

Invest wise with Expert advice

By continuing, I accept the T&C and agree to receive communication on Whatsapp

sidebar image

Dixon Partners with Cellecor to Boost 'Make in India' Refrigeration Manufacturing

30 Dec 2024 , 03:00 PM

Dixon Electro Manufacturing, a wholly owned subsidiary of Dixon Technologies (India) Ltd, has signed a Memorandum of Understanding with Cellecor Gadgets Ltd to manufacture refrigerators and its accessories.

This alliance marks one step in the progress of local production of refrigeration and is aligned with the ‘Make in India’ initiative and focuses on the increasing demand by Indian consumers for quality home appliances.

Cellecor Gadgets also deals with a large section of consumer electronics, mobile phones, smart TVs, and soundbars, smartwatches, and home appliances, including refrigerators, washing machines, and air conditions.

With this tie up, Dixon Electro Manufacturing would now spread its footprint in the refrigerator market, reaching more household across India.

Atul B. Lall, Vice Chairman & Managing Director of Dixon Technologies, said, “This is a strategic approach to address the changing and evolving needs of Indian customers while supporting the local ecosystem of manufacturing.”

Dixon Technologies is a leading established player in consumer electronics as well as home appliances portfolio that includes LED TVs, washing machines, lighting products, mobile phones, wearables, and telecom hardware.

This comprises reverse logistics and specialisation in the refurbishment of LED TV panels through repair. It further underlines a strong commitment toward sustainability in the tech world.

Related Tags

  • Cellecor Gadgets Ltd
  • Dixon
  • Dixon Technologies India Ltd
sidebar mobile

BLOGS AND PERSONAL FINANCE

Read More

Most Read News

Dabur Faces ₹110.33 Crore Tax Demand
1 Apr 2025|11:10 PM
Tata Motors Sees 3% Rise in PV Sales
1 Apr 2025|10:56 PM
Read More

Invest wise with Expert advice

By continuing, I accept the T&C and agree to receive communication on Whatsapp

Knowledge Center
Logo

Logo IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000

Logo IIFL Capital Services Support WhatsApp Number
+91 9892691696

Download The App Now

appapp
Loading...

Follow us on

facebooktwitterrssyoutubeinstagramlinkedintelegram

2025, IIFL Capital Services Ltd. All Rights Reserved

ATTENTION INVESTORS

RISK DISCLOSURE ON DERIVATIVES

Copyright © IIFL Capital Services Limited (Formerly known as IIFL Securities Ltd). All rights Reserved.

IIFL Securities Limited - Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213,IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248

ISO certification icon
We are ISO 27001:2013 Certified.

This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.