1 year ago
Dixon Technologies Plans for Growth Post-PLI Scheme
Dixon Technologies, a company that makes smartphones, is preparing for the end of a government incentive program.
The company plans to increase exports, especially to North America, and improve its production process to keep its profits stable.
They believe they can offset the loss of the incentives by making more products and becoming more efficient.
Dixon expects to produce a lot of smartphones in the next few years and will focus on improving and automating their processes in a new facility in Noida.
Dixon Technologies aims to boost exports and margins after the PLI scheme ends.
Incentives from the PLI scheme contribute 0.6-0.7% to Dixon's mobile phone revenue margins.
Dixon expects export volumes to reach 10-12 million to North America in FY26.
The company is constructing a new facility in Noida for smartphone manufacturing.
Dixon shares closed 5.8% lower on BSE on Wednesday.
- Who
- Dixon Technologies
- What
- Dixon Technologies plans to expand exports and improve margins post-PLI scheme.
- Where
- Noida
- When
- May 22
- Why
- To mitigate the end of the production-linked incentive scheme's impact on margins.
Key facts
- Dixon Share Price (Wednesday)
- 5.8% lower at ₹15,598
- Smartphone Production (FY26)
- 40-44 million
- Smartphone Production (FY27)
- 60-65 million
- Export Volume to North America (FY26)
- 10-12 million
- Key Customers
- Motorola, Xiaomi, Oppo, Realme, Vivo, Transsion, Nothing
