Home / Companies / News / PLI scheme 2.0: Dixon Technologies commits output worth Rs 45K crore

PLI scheme 2.0: Dixon Technologies commits output worth Rs 45K crore

Company also in talks with Lenovo to be their contract manufacturer

Dixon Technologies, phone circuit, phone

Premium

Photo: Bloomberg

Surajeet Das Gupta New Delhi

4 min read Last Updated : Nov 19 2023 | 11:05 PM IST

Listen to This Article

Dixon Technologies, the country’s largest home-grown electronics manufacturing services (EMS) player, has committed a cumulative production value of Rs 48,000 crore in six years and has been declared eligible under the reworked production-linked incentive (PLI) scheme for IT products.

With this move, the company, which applied for the PLI scheme through Padget Electronics, will account for a seventh of the additional production value of Rs 350,000 crore which the government said has been committed collectively by 27 eligible companies in six years.

Confirming their plan, Sunil Vachani, managing director of Dixon Technologies, said: “We had applied under the hybrid domestic category

Topics : Lenovo Dixon Technologies PLI scheme

What you get on BS Premium?

Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
Pick your 5 favourite companies, get a daily email with all news updates on them.
Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
Preferential invites to Business Standard events.
Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.

VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in