CIO Tech Outlook Team | Monday, 07 July 2025, 13:38 IST
Dixon Technologies (India) Ltd. has signed a deal with Eureka Forbes for the assembly, manufacture, and supply of robotic vacuum cleaners.
Eureka Forbes, exists in the product categories of water and air purifiers and sells through direct sales channels, retail channels, e-commerce, and institutional sales. It also has a deep service network and a vast business partner ecosystem across India, Dixon said in a filing.
On Monday, shares of Dixon Technologies closed 1.31% higher at ?15,401, having fallen down nearly 15% in 2025. This agreement is an additional step in Dixon's push into consumer appliances manufacturing.
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Atul B Lall, Vice Chairman and Managing Director of Dixon Technologies said, "We are pleased to formalise our strategic partnership with Eureka Forbes, a brand synonymous with trust and innovation in home appliances segment. This agreement marks a significant milestone for our company as we expand our capabilities in the homecare segment".
"By combining our advanced manufacturing expertise with Eureka Forbes’s deep market understanding and product leadership, we aim to deliver high-quality vacuum cleaners that meet the evolving needs of consumers and market. We see this as the beginning of a long-term association that will drive value for both organizations and ultimately benefit customers across markets", he added.