Dixon Eyes a Spot Among World's Top 5 Electronics Makers, Bets Beyond Phones
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5 Articles
Dixon eyes a spot among world's top 5 electronics makers, bets beyond phones
Dixon Technologies aspires to become one of the world's top five electronics contract manufacturers in ten years. The company seeks to expand its production of higher-margin components and IT hardware while maintaining its smartphone assembly business. Recently, it gained government approval to partner with Vivo for smartphone manufacturing. Despite growth in revenue, Dixon faces margin pressure in its core mobile business.
Watch The Foxconn of India: Dixon Tech Eyes Growth Beyond Smartphones
Sunil Vachani, executive chairman of Dixon Technologies, India's leading electronics manufacturing services company, talks about slow demand for smartphones, production incentives, revenue diversification and China investments in an exclusive conversation with BTV's Menaka Doshi. Vachani also discusses how India can move from assembly to value-added manufacturing.
Dixon Technologies has set a significant goal to become a top-5 electronics manufacturing services (EMS) company in the world in the next 10 years. The company, which currently assembles smartphones, is focusing on manufacturing more profitable electronics components. With the support of the Indian government's PLI scheme, Dixon is poised to compete with global companies like Foxconn and Pegatron and increase local value addition.
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