Indian stock news
On September 11, 2026, Dixon Technologies (India) Limited announced that its subsidiary, Padget Electronics, has secured a major contract from HP India to manufacture high--performance laptops and desktops. This agreement, executed under the IT Hardware PLI 2.0 scheme, is projected to generate approximately ₹3,200 crore in incremental revenue over the next 24 months. The partnership underscores Dixon's scaling capabilities in the IT hardware vertical and its commitment to the "Make in India" initiative. Management has confirmed a product rollout ceremony on November 15, 2026, at the Chennai manufacturing facility to mark the first batch of deliveries.