Smartphone assembly: Dixon gains ground on Foxconn, DBG Group in India

Tata Electronics, another rising domestic player, doubled its share to 4 per cent in 2024 from 2 per cent a year earlier

Dixon Technologies, the homegrown electronics manufacturing services (EMS) player, is fast narrowing the gap with global rivals — Taiwan’s Foxconn Hon Hai and China’s DBG Group — in India’s smartphone assembly market.

 

According to Counterpoint Research, Dixon’s share in India’s smartphone production volume surged to 11 per cent in 2024 from 8 per cent in 2023. By comparison, Foxconn Hon Hai — which assembles iPhones exclusively for Apple Inc — and DBG, which serves Xiaomi and others, each held a 12 per cent share last year. In 2023, Foxconn accounted for 11 per cent, while DBG stood for 9 per