Dixon Tech to build ₹1,000 cr unit near Chennai, create 5,000 new jobs

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Dixon Tech to build ₹1,000 cr unit near Chennai, create 5,000 new jobs - Business Standard

Quick Summary:

Top officials from Dixon Technologies, led by Executive Chairman Sunil Vachani and Vice President Prithvi Vachani, exchanged documents with Darez Ahamed, MD and CEO of Tamil Nadu's nodal investment promotion agency Guidance, in the presence of Chief Minister M K Stalin and Industries Minister T R B Rajaa, among others, at the Secretariat on Wednesday.

Electronics manufacturing services firm Dixon Technologies is setting up a Rs 1,000-crore facility near Chennai and signed a Memorandum of Understanding with the Tamil Nadu government on Wednesday.

As per the MoU, Dixon Technologies will set up the facility at the Indospace Industrial Park in Oragadam, located about 45 km south of Chennai.