# Dixon issues $220 million guarantee to Lenovo for Padget unit 2026-08-14T23:41:57+00:00 | Business & Economy | Indian Opinion Desk Corroboration: 1 independent outlet Dixon Technologies has issued a $220 million (about Rs 2,101 crore) corporate guarantee to Lenovo Ireland on behalf of its wholly owned subsidiary, Padget Electronics, to secure payment for raw materials and components. The guarantee, disclosed in a regulatory filing on Friday, is irrevocable and covers Padget's obligations under a manufacturing contract awarded by Lenovo in December 2023 for laptops and notebooks under the Production Linked Incentive 2.0 Scheme. Dixon says there is no immediate financial impact, though the guarantee will appear as a contingent liability in its books. ## Coverage - ndtvprofit.com Tags: Dixon Technologies, Lenovo Ireland International, Padget Electronics Canonical: https://indianopinion.org/dixon-issues-220-million-guarantee-to-lenovo-for-padget-unit/ License: Summary and commentary (c) Indian Opinion, reusable with attribution. Facts belong to the linked sources. Cite: https://indianopinion.org/dixon-issues-220-million-guarantee-to-lenovo-for-padget-unit/#story-in-brief Review state: restored archive article, accurate at time of publication, not offered to search indexes.