New products, exports to drive growth for Dixon Technologies

Focus on backward integration and value addition to help on the margin front

Even as the benchmarks and broader markets have been flat over the last three months, the country’s largest electronic manufacturing services player, Dixon Technologies has been on an uptrend gaining 21 per cent during this period. 

In addition to presence in high growth segments, expansion into new categories, tapping export markets and production linked incentive (PLI) based units are expected to aid revenue and profit growth going ahead.

While manufacture of consumer electronic products dominate its revenues, it has expanded into other areas (lighting products, home appliances, mobiles, security systems) which have helped its revenues grow by 36 per cent