Dixon Technologies scouts for buys to get in global top 10 EMS league

Open to acquisition of design companies and raise manufacturing capacity

Dixon Technologies is scouting for acquisitions of design companies as well as buyouts of component makers. This will help it go for backward integration and achieve its target of being among the top 10 players in the $70-billion electronic manufacturing services (EMS) market globally in the next three years.

Currently, it is ranked in the top 20 with the likes of Hon Hai (Foxconn), Pegatron, Wistron, Jabil and Flex in the top pecking order. Dixon is already eligible for three productivity-linked incentives (PLIs) that include mobile devices, IT hardware and telecom products. It has also applied for PLI in developing LED