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DIXON PLI INCENTIVE
FirstCry, Slice’s FY26 numbers; Nilekani’s Fundamentum eyes deeptech pushFirstCry parent cut its losses in the March quarter on tightened costs. This and more in today's ETtech Top 5.
Competition heats up in India’s smartphone manufacturing sector as PLI winds downIndia's Android smartphone manufacturing is heating up. As a key government scheme concludes, companies are competing fiercely on price. Br...
MeitY to revamp IT hardware PLI later this year, say officialsBy 2026-27, India's ambitious incentive scheme for IT hardware production may undergo significant revisions. With discussions underway to p...
Dixon Tech shares jump 6% despite weak Q4 results. Do Goldman Sachs, Motilal Oswal forecast further upside?Dixon Technologies' shares saw a rally despite a 36% drop in March quarter net profit. Revenue from operations increased by 2% year-on-year...
Dixon Tech Q4 profit falls 36% despite revenue growth and expansion plansDixon Technologies reported a sharp decline in quarterly profit due to weak consumer demand, rising component costs, and the end of PLI ben...
One in four smartphones made in India comes from homegrown manufacturers as exports power growthIndian companies are now making over a quarter of smartphones sold in the country. Dixon Technologies leads this surge, becoming India's la...
Contract handset makers may lose out on incentives for outsourcingIndia's government may not offer financial incentives for smartphone production outsourced between domestic companies. This practice does n...
Bracing for pressure: Phonemakers dread the day govt pulls plug on PLIThe Production Linked Incentive scheme for mobile manufacturing is ending next year. Indian manufacturers anticipate pressure on profits. C...
Dixon aims to boost exports, margin post closure of PLI scheme, says MD Atul LallDixon Technologies anticipates that increased exports and backward integration will compensate for any potential decline in margins and vol...
Dixon signs deal to make laptops, PCs for HPDixon Technologies has signed an MoU with HP India to manufacture laptops, desktops, and all-in-one PCs under its subsidiary Padget Electro...
Dixon signs agreement with Xiaomi to manufacture products at Noida unitDixon subsidiary Padget Electronics has signed an agreement with Xiaomi to manufacture smartphones and other products at its facility in No...
Govt clears second tranche of mobile PLI sopsSmartphone manufacturers have pushed back against the government for the delay in releasing the sops under the Rs 41,000-crore scheme. "The...
Dixon first mobile phone maker to get sop under PLIThe Noida-based company's proposal was the only one that came up before an empowered group, chaired by Niti Aayog chief executive Parameswa...
Dixon first mobile phone maker to get Sop under PLIThe company's claim for ₹53 crore for the first quarter of operations - from October to December 2021 - has been approved. It is in the pro...
Govt clears PLI incentive of Rs 53 cr for Dixon, becomes first firm to receive sops under schemeDixon Technologies, an Indian contract manufacturer, will be eligible to receive around Rs 53 crore for the first quarter of operation betw...
Dixon Tech gets approval under PLI scheme for IT hardware manufacturingThe programme seeks to boost domestic manufacturing and attract large investments in the value chain of these IT hardware products.
Local handset makers eye Rs 2,000-cr upgrade to manufacturing chopsEarlier this week, the government approved the applications of 10 mobile phone manufacturing companies, including foreign ones, for incenti...
Dixon to open third handset assembly plant by January with Rs 75 crore investmentIndia’s leading consumer durables manufacturer Dixon has a varied product portfolio of mobile phones, lighting products, smart TVs and wash...
Why analysts feel Dixon has a long way to goThe stock, which surged 192% in the last one year, is likely to rally another 25-30% in the next one year, according to analysts who expect...
Dixon to invest Rs 250 crore, hire 2,500 in 9 months under PLI schemeOn April 1, the government notified three schemes comprising total incentives of around Rs 48,000 crore to boost electronics manufacturing ...