Dixon Tech Partners with Cellecor Gadgets: A New Era in Refrigerator Production!

Cellecor Gadgets (Cellecor) is a prominent name in the consumer electronics sector, recognized for its inventive and state-of-the-art technology. The firm provides an extensive array of products, including mobile devices, smart televisions, sound systems, smartwatches, kitchen equipment, and household devices such as washing machines, air conditioners, refrigerators, air coolers, water heaters, and more.

Atul B. Lall, vice chairman & managing director of Dixon Technologies, remarked that “We are thrilled to declare that Dixon Electro Manufacturing has signed an MOU with Cellecor for the production of refrigerators and related components.

Through this collaboration, Dixon Electro Manufacturing will expand its clientele in the refrigerator segment. Moreover, this partnership signifies a strategic achievement and dedication to the ‘Make in India’ initiative to meet the changing demands of Indian consumers.”

The official disclosure was made after market hours on 26 December 2024.

Dixon Technologies (India) evolved from a manufacturer of electronic products to a leading multi-product enterprise with extensive operations. The organization primarily focuses on the production of electronics as its main business activity.

The company’s consolidated net profit skyrocketed 263.3% to Rs 536.49 crore, with a 133.3% surge in net sales to Rs 11,534.08 crore in Q2 FY25 compared to Q2 FY24.

The stock dipped 0.07% to Rs 17,996.75 on the BSE.