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PLI scheme, outsourcing to aid Dixon Technologies' growth trajectory

Brokerages expect mobile volumes to rise multi-fold over the next two years

Topics
Dixon Technologies | PLI scheme | Electronic manufacturing

Ram Prasad Sahu  |  Mumbai 



mobile, smartphone, manufacturing, production, phone, PLI scheme
Dixon’s revenues are expected to increase by over 30 per cent annually over the next couple of years due to the outsourcing opportunity

gained 7 per cent on Tuesday on multiple brokerage upgrades after the company’s subsidiary received approval to manufacture mobile phones under the government’s production-linked incentive (PLI) scheme. The scheme offers incentives up to 6 per cent spread over five years for an investment of Rs 200 crore.

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First Published: Tue, October 13 2020. 20:13 IST

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