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Electronics manufacturing industry to touch $300 billion by 2026-27; Dixon Tech
Industry News- Jul 03,24
Dixon Tech is sitting on 50% of India’s android capacity.
Atul Lall, MD, Dixon Technologies, believes the electronics manufacturing service (EMS) industry in India is expected to touch almost $300 billion by 2026-2027. Within the sector, the biggest opportunity is smartphones, making it the largest trigger of growth for the company.
“We are sitting at almost 50% of the outsourcing opportunity. All the major brands in the Android ecosystem are our clients. So we feel fairly confident that the growth is going to be aggressive,” Lall said.
He sees 200–250% growth in the telecom space as the company has added new products in its joint venture (JV) with Airtel.
“Orderbook is good. I would like to assure all the stakeholders that we are on a good path,” he said.
According to him, the company should be touching 20–30 million units of mobile in the current fiscal year, and the execution is going as per plan.
In FY26, the company guided for 20% growth on these 30 million units. So it should be 35–40 million units in FY26, he mentioned.
Dixon Tech is sitting on 50% of India’s android capacity.
(Source: CNBCTV18)
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