Dixon Tech India to produce Eureka Forbes’ robotic vacuum cleaners

Dixon Technologies (India) Ltd. has entered into an agreement for assembly, manufacture, and supply of robotic vacuum cleaners with Eureka Forbes .Eureka Forbes’ product portfolio encompasses water purification, vacuum cleaning and air purification. It has direct, retail, e-commerce and institutional sales channels, an inventive business partner network and one of the most expansive service networks across India, Dixon Tech said in a filing.

“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,” said Atul B Lall, Vice Chairman and Managing Director of Dixon Technologies.
Shares of Dixon Technologies (India) Ltd. settled 1.31% higher on Monday at ₹15,401. The stock has declined nearly 15% so far this year.