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Dixon Preps for Life After PLI
Mint Hyderabad
|July 24, 2025
Confined
Dixon Technologies (India) Ltd has signed a slew of joint ventures (JV) and partnerships. It was in the spotlight for acquiring Kunshan Q Tech Microelectronics (India) and a JV with China's Chongqing Yuhai Precision Manufacturing, which should enhance its backward-integration initiatives.
With the government's production-linked incentive (PLI) scheme set to end in FY26, competition is slated to rise. These partnerships are expected to strengthen Dixon's customer relations and improve revenue visibility. But more importantly, they should shield operating margin, which is expected to come under pressure from the first half of FY27.
This story is from the July 24, 2025 edition of Mint Hyderabad.
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