Dixon Technologies India, which assembles google’s Pixel Smartphones, is set to more than double its revionue this fiscal year, driven by rapid growth in locked in local electronics manufacturing, a top execura told reates.
Electronics manufacturing has gained momentum in India as global giants, including alphabet’s Google and AppleExpand their supply chain away from China.
“(For) the sector and DixonThe growth path is going to be extramely aggressive in the coming future, “Managing Director Atul Lall Said on Wednsday.
The contrast manufacturer reported a revenue of Rs. 177.13 billion ($ 2.04 billion) for the 2024 Financial Year that Ended in March, Up 45 Percent from a Year Earlier. Its revneue stood at Rs. 285.77 billion for the nine months ended December 31.
Noida-Based Dixon, Which ASSEMBLES Smartphones for Firms Such as China’s Xiaomi and OppoHas Branched out Into Component Manufacturing as India Plans to offer billions of dollars in incinents to make parts for mobiles and laptops.
India’s electronics manufacturing sector is set to grow to Rs. 6 Trillion in Fiscal Year 2027, from Rs. 1.46 Trillion in 2022, Brokerage Motilal Oswal Said in a note in December.
However, Us President Donald Trump’s Threat to IMPOSE Reciprocal Tarifs from Early AARLY AARIL COLD POSE A Risk, with Analysts Estimating Potential Losses at About $ 7 Billion (RSPHLY RS. 60,693 Crore) a year for India’s expert sectors.
Lall Said Dixon, which has invested Heavily to Cater to Rising Export Demand for Electronics, Is Awaiting more details on the issue as the US has made only broader statements so far.
© Thomson Reuters 2025
(Tagstotranslate) Google Pixel Maker Dixon Double Revenues India Electronics Manufacturing Dixon (T) Google (T) Pixel (T) Google Pixel
