Dixon to Manufacture Alcatel Smartphones in India

15 May 2025 CW Team

Padget Electronics, a wholly owned subsidiary of Dixon Technologies, has signed a contract manufacturing agreement with NxtCell India to produce smartphones for the Alcatel brand under the ‘Make in India’ initiative. Dixon Technologies is India’s largest home-grown, design-focused electronics manufacturer, catering to consumer durables, lighting and mobile phones. The company has actively expanded its partnerships in recent months. On 30 April 2025, Dixon announced a joint venture with Taiwanese hardware firm Inventec to create Dixon IT Devices Private Limited, with a sixty to forty ownership split. This venture focuses on manufacturing notebook and desktop computers, servers and components. Also in April, Dixon entered a fifty-fifty joint venture with lighting company Signify, formerly Philips Lighting, to manufacture LED bulbs and fixtures. In 2024, Padget began producing HP laptops and desktops at its Tamil Nadu facility. As of 10 May 2025, Dixon’s share price stood at Rs 15,190, down 2.79 per cent from the previous close. While the stock has declined over the past week due to market volatility and geopolitical tensions, it has risen over 81 per cent in the past year. In the first nine months of financial year twenty twenty-five, revenue grew 120 per cent to Rs 286 Bn and net profit rose 155 per cent to Rs 6.96 Bn.

Source:The New Indian Express

Infrastructure Urban

14 Oct 2025

DRI Introduces Advanced Fresh Air Solutions for Large Buildings

DRI has unveiled its latest solutions for indoor air quality (IAQ) and energy-efficient ventilation in large enclosed buildings: the Treated Fresh Air Handling Units (TFA) and Dedicated Outdoor Air Systems (DOAS). The TFA units integrate EcoFresh Molecular Sieve Coated Heat Wheels to deliver optimal IAQ while promoting energy savings. The modular design allows additional functions such as cooling, heating, humidification, high-efficiency filtration, mixing, and sound attenuation. Maintenance is minimal, with standard filters and fan assemblies designed for reliability and ease of service. TFA..

Dia Mirza-backed Without® Launches FOAK Recycling Plant in Pune

Without®, an impact-first deep-tech material science enterprise, has inaugurated its first-of-a-kind (FOAK) recycling demonstration plant in Pune. The 1,030 sq. m facility can process up to 5 tons per month of “unrecyclable” plastic waste, offering end-to-end operations from material intake and separation to chemical transformation, purification, product manufacturing, and quality testing. The demonstration plant serves as a precursor to a commercial facility planned for next year. The launch follows the successful closure of a $1.9 million (approx. Rs 16.8 crore) seed funding round led ..

Capital India Home Loans Rebrands as People Home Finance

"Capital India Home Loans, a wholly owned subsidiary of Weaver Services, has announced its rebranding to People Home Finance Limited, underscoring its vision to build an inclusive, technology-led housing finance company serving India’s vast informal and self-employed segment. The rebranding follows the company’s $170 million investment round announced on 19 August 2025, led by Lightspeed, Premji Invest, and Gaja Capital. The new identity marks the next phase of expansion across Tier 2 and Tier 3 cities, with continued investments in branch infrastructure, people, proprietary technology, a..