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印度的迪克森市在严重衰退中仍有望实现40%的增长

Dixon首席财务官Saurabh Gupta断言，在政府推动本地制造的帮助下，该公司有望在2020-21财年实现40%的增长。2020年4月1日，政府通知了一项计划，向公司提供4- 6%的与生产相关的激励措施，以改善国内供应。迪克森已经在移动电话上获得了批准。

Dixon Technologies首席财务官Saurabh Gupta
Dixon Technologies首席财务官Saurabh Gupta
电子产品制造商迪克森技术在2020-21财年，政府是否有望实现40%的增长，押注政府推动本地化制造业该公司首席财务长Saurabh Gupta说。

2020年4月1日，政府通知了一项计划，向公司提供4- 6%的与生产相关的激励措施，以改善国内供应。迪克森已经在移动电话计划下获得批准。该公司在2019-20财年结束时的收入为4405亿卢比。

迪克森预期经济增长40%之际，印度将在2020-21财年迎来40多年来的首个衰退年。在本财年前两个季度连续收缩之后，亚洲经济上月正式陷入技术性衰退。

迪克森的首席财务官在讨论公司的增长前景时表示，公司有信心在未来五年内累计产生2800亿至30亿卢比的收入。以下是经过编辑的节选。

问:业务复苏是在预期范围内还是快于预期?
Saurabh Gupta:在经济开放的帮助下，复苏好于预期。我们有一个强劲的订单，这反映在我们的第二季度的结果。由于新客户的收购和现有客户订单的更大份额，我们所有的垂直领域都有持续的需求和强劲的订单。

印度的迪克森市在严重衰退中仍有望实现40%的增长
问:接下来一年的增长前景如何?
Saurabh Gupta:我们有信心，由于订单量非常健康，本财年第三季度和第四季度将明显好于第二季度。

我们强烈认为，尽管本财年有两个月的收入和盈利能力将实现35%至40%的同比增长。作为我们的移动业务PLI方案我们有信心，在21-22财年，我们的收入和盈利能力有可能增长80% - 85%。

问:政府的PLI计划对你们的增长前景有何帮助?
Saurabh Gupta: PLI对国内制造产品的增量销售给予4- 6%的奖励。此外，它旨在邀请外国实体在印度建立基地，并鼓励当地公司建立或扩大现有的制造单位。

我们获得了政府的手机生产挂钩激励(PLI)计划的批准。像我们这样的国内公司在四年的资本支出为20亿卢比的1.5万以下类别的手机上获得了激励

我们已经开始投资并增加智能手机的产能。未来几年，我们将把它从目前的每年300万部提高到2000多万部，这将占印度智能手机市场容量的近12%。

我们正在与一些全球和国内品牌进行深入讨论，这些品牌在印度和全球国内和出口市场都有很好的市场份额。这对公司来说是一个重大的开拓性机会，我们有信心在未来五年内累积产生2800亿至30亿卢比的收入，拥有非常健康的资本使用回报率(ROCE)和快速的投资回报。

印度的迪克森市在严重衰退中仍有望实现40%的增长
问:建造规模对Dixon来说不是一个挑战吗?此外，如何才能赢得客户?
Saurabh Gupta:公司现在拥有足够的能力和技能来执行大型移动项目。去年，我们从一个大客户那里获得了这个机会，将2G手机的产能提升到每月200万部，我们在90天内就完成了这个任务，现在在很短的时间内，我们就达到了100%的产能。

我们已经准备好了我们的计划，团队已经完成了很多工作，我们有信心能够建立工厂，并在本财政年度的1月中旬开始运行。

就赢得客户而言，我们是一家外包公司，没有自己的品牌。我们与大型国际及国内品牌有着深厚的合作关系。这使我们在与这些品牌合作和为它们制造产品方面处于有利地位。与业内其他公司相比，我们的资产负债表要强大得多。

问:你们打算如何为与激励措施相关的投资提供资金?
Saurabh Gupta:我们必须每年进行5亿卢比的资本支出，在四年时间里进行20亿卢比的资本支出。我们在第一年背负了5亿卢比的资本支出债务，我们有信心在未来几年从公司的内部应计项目中筹集15亿卢比的资本支出。我们没有看到任何通过股权途径筹集的资金。

印度的迪克森市在严重衰退中仍有望实现40%的增长
问:Dixon是否也在考虑投资现有产能?
Saurabh Gupta:我们正在投资全自动顶装项目，总资本支出约为7亿卢比。作为移动PLI计划的一部分，我们将在未来四年每年投资5亿卢比。此外，我们还将LED电视的产能从440万台扩大到550万台，这将需要1.5亿卢比的资本支出。

问:你们目前都涉足哪些产品领域?你们是否计划进入新的产品类别?
Saurabh Gupta:我们在这个领域消费电子产品、家电、手机、安防监控系统、手机逆向物流等。

我们最近涉足机顶盒，并为多个客户制造有线和混合机顶盒。我们有一个强大的订单书与我们的主要客户&它正在成为我们的一个大垂直。

我们还涉足医疗电子产品，并正在制造Quattro实时定量微PCR分析仪。这些便携式技术驱动的机器能够对包括Covid-19在内的重大传染病进行检测。同样由印度医学研究委员会(ICMR)验证和批准，我们还在迪克森拥有所有必需的质量认证

我们正计划进入冰箱领域，并将创造70万台直接制冷设备的产能，目前处于概念化阶段，将在22-23财年投入运营。

问:你能分享一下你的现金流的颜色吗?
Saurabh Gupta:由于强劲的盈利能力和营运资本效率，我们去年在资本支出后产生了约9.1亿卢比的稳定自由现金流，截至3月31日，净债务为负1.3亿卢比。

今年，供应链面临了一些挑战。进口货物的中转期和清关时间延长了近12至15天，因此本财年上半年的流动资金和自由现金流面临一些压力，主要集中在我们的消费电子业务上。

然而，我们非常有信心，它将在本财年第三季度末恢复正常，而且在10月份已经部分修正。

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\"
Dixon Technologies CFO Saurabh Gupta<\/span><\/figcaption><\/figure>Electronics maker Dixon Technologies<\/a> is expecting 40 per cent growth in the financial year 2020-21, betting on the government\u2019s impetus towards local manufacturing<\/a>, said the company\u2019s Chief Finance Officer Saurabh Gupta.

On April 1, 2020, the government notified a plan to offer production linked incentives of 4-6 per cent to companies in a bid to improve domestic supplies. Dixon<\/a> has got approval under the scheme on mobile phones. The company ended the financial year 2019-20 with a revenue of Rs 4,405 crore.

The expectations of Dixon\u2019s 40 per cent growth comes in the backdrop of India starting its first recession year in over four decades in the 2020-21 fiscal. The Asian economy officially slipped into a technical recession last month after contracting back to back in the first two quarters of this financial year.

<\/div><\/div>Dixon\u2019s CFO shared the company feels confident of generating cumulatively Rs 28,000 to 30,000 crore revenues over the next five years as he discussed the growth outlook for his company. Below are edited excerpts.

Q: Is the business recovery on expected lines or faster than expected?
<\/strong>
Saurabh Gupta: Recovery was better than expected aided by the opening of the economy. We had a strong order book which was reflected in our Q2 results. There is continued demand & strong order book across all our verticals on account of new customer acquisitions & larger share of orders from existing customers.

\"India’s<\/figure>Q: How are growth prospects shaping up for the remaining year?
<\/strong>
Saurabh Gupta: We feel confident that Q3 & Q4 of this fiscal will be significantly better than Q2 on account of extremely healthy order book.

We strongly feel that we will have a 35-40 per cent YOY growth in revenues and profitability despite two months of this fiscal year being completely washed out. As our mobile business under PLI scheme<\/a> ramps up and stabilizes, we feel confident that growth of 80-85 per cent in revenues and profitability is possible in FY 21-22.

Q: How will the government\u2019s PLI Scheme help your growth prospects?
<\/strong>
Saurabh Gupta: PLI offers incentives of 4-6 per cent to companies on incremental sales from domestically manufactured products. Further, it aims at inviting foreign entities to establish their base in India and encourages local companies to set up or expand existing manufacturing units.

<\/div><\/div>We got the approval under the government\u2019s production-linked incentive (PLI) scheme on mobile phones. Domestic companies like ours are incentivized for mobile phones in less than 15,000 category with a capex investment of Rs 200 crores over four years

We have started investing and increasing our capacities of smart phones. We will take it to more than 20 mn annually in next couple of years as against 3 million as on today which will be almost 12 per cent of the smartphone capacity for the Indian market.

We are in deep discussions with some global & domestic brands which have a good market share in India & globally for both domestic and export markets. It is a big path breaking opportunity for the company and we feel confident of generating cumulatively Rs 28,000 to 30,000 crores revenues over the next five years with a very healthy Return on Capital Employed (ROCE) and quick payback on the investment.

\"India’s<\/figure>Q: Won\u2019t building the scale be a challenge for Dixon? Also, what will it take to win customers?
<\/strong>
Saurabh Gupta: The company now has acquired adequate capability and skill set to execute large mobile projects. Last year when we got this opportunity through a large anchor customer for ramping up the capacity of 2 million 2G phones per month, we were able to do it in 90 days and now within a very short span of time we are operating at 100 per cent capacity.

We have our plans ready, a lot of work has already been done by the team and we are confident that we will be able to set up the plant and get it running by January mid this fiscal year.

As far as winning customers is concerned, we are an outsourced company & do not have a brand of our own. We have a deep relationship with Large Global & domestic brands. This puts us in a strong position for tying with these brands and manufacturing for them. Our balance sheet is much stronger as compared to some of the other players in our industry.

Q: How do you intend to fund investments linked to incentives?
<\/strong>
Saurabh Gupta: We have to do a capex of Rs 50 crores every year and Rs 200 crores over a period of four years. We have taken a debt for funding Rs 50 crores capex for the 1st year and we feel confident that a balance Rs 150 crores capex in future years can be funded from the internal accruals of the company. We don\u2019t see any fund raising through equity route.

\"India’s<\/figure>Q: Is Dixon also looking at investing in existing capacities?
<\/strong>
Saurabh Gupta: We are making investments in fully automatic top loading project where the total capex outlay would be approx Rs 70 crores. We will be making investments of Rs 50 crores annually over next four years as part of Mobile PLI scheme. In addition, we are also expanding our capacity in LED TVs from 4.4 million to 5.5 million which would require a capex of Rs 15 crores.

Q: What all product segments do you play currently? Are you planning to enter into any new product categories?
<\/strong>
Saurabh Gupta: We are in the field of consumer electronics<\/a>, home appliances, mobile phones, security surveillance systems, mobile phone and reverse logistics.

We recently forayed into set top boxes and manufacturing both cable & hybrid set top boxes for multiple customers. We have a strong order book with our anchor customer & it is emerging as a big vertical for us.

We also ventured into Medical Electronics as a category and are manufacturing Quattro Real Time Quantitative micro PCR Analyzer machines. These portable technology driven machines are capable of performing tests of critical infectious diseases including Covid-19. The same is validated and approved by Indian Council of Medical Research (ICMR) & we also have all the required quality certifications at Dixon

We are planning to get into refrigerators and will be creating a capacity of 0.7 mn units on direct cool side, it is presently in conceptualization stage & will be operational in FY 22-23.

Q: Can you share colour on your cash flows?
<\/strong>
Saurabh Gupta: We generated solid free cash flows post capex of around Rs 91 crores last year on account of strong profitability and working capital efficiency which resulted in negative net debt of Rs 13 crores as on 31st Mar, 20.

This year it has been a bit of a challenge in the supply chain. The transit period in the imports and also custom clearance time expanded a bit by almost 12 to 15 days, as a result there has been some pressure on the working capital & free cash flows in first half of this fiscal mainly in our consumer electronics business.

However we are extremely confident that it's going to come back to normal by end of Q3 this fiscal and it has already partly corrected in October.
<\/div><\/div>
Follow and connect with us on Twitter<\/a>, Facebook<\/a>, Linkedin<\/a>, Youtube<\/a><\/div>","NumberOfSentences":{"minfo":"54.0","minfoseo":"54-0"},"AutomatedReadabilityIndex":{"minfo":"14.0","minfoseo":"14-0"},"LastPublishMilliTime":{"minfo":"1607327496245","minfoseo":"1607327496245"},"ReadabilityGradeLevel":{"minfo":"College","minfoseo":"college"},"GadgetsMarkedReviewed":{"minfo":"0","minfoseo":"0"},"HashCode":{"minfo":"1838560894","minfoseo":"1838560894"},"latestnewsflag":{"minfo":"1.0","minfoseo":"1-0"},"OriginalImageHeightPx":{"minfo":"2038.0","minfoseo":"2038-0"},"OriginalImageWidthPx":{"minfo":"3264.0","minfoseo":"3264-0"},"NumberOfCharacters":{"minfo":"6973.0","minfoseo":"6973-0"},"NumberOfWords":{"minfo":"1202.0","minfoseo":"1202-0"},"key":{"0":{"keyid":"3048254","value":"Dixon","smid":"0","keynameseo":"Dixon","keytype":"","keycount":"totalcount","weightage":"100"},"1":{"keyid":"1579188","value":"electronics manufacturing","smid":"0","keynameseo":"electronics-manufacturing","keytype":"","keycount":"totalcount","weightage":"80"},"2":{"keyid":"6361185","value":"Consumer Electronics","smid":"0","keynameseo":"Consumer-Electronics","keytype":"","keycount":"totalcount","weightage":"80"},"3":{"keyid":"8941225","value":"PLI scheme","smid":"0","keynameseo":"PLI-scheme","keytype":"","keycount":"totalcount","weightage":"20"},"4":{"keyid":"2645311","value":"Mobile manufacturing","smid":"0","keynameseo":"Mobile-manufacturing","keytype":"","keycount":"totalcount","weightage":"20"},"5":{"keyid":"6362048","value":"manufacturing","smid":"0","keynameseo":"manufacturing","keytype":"","keycount":"totalcount","weightage":"20"},"6":{"keyid":"753025","value":"Dixon Technologies","smid":"0","keynameseo":"Dixon-Technologies","keytype":"","keycount":"totalcount","weightage":"20"},"8":{"keyid":"5890549","value":"CFO news","smid":"0","keynameseo":"CFO-news","keytype":"","keycount":"totalcount","weightage":"20"},"9":{"keyid":"7954719","value":"CFO Interviews","smid":"0","keynameseo":"CFO-Interviews","keytype":"","keycount":"totalcount","weightage":"20"}},"authorsplit":{"author":{"artau":"Mannu Arora","aunameseo":"mannu-arora","artauid":"479250480","artauemail":"mannu.arora@timesinternet.in","auFullName":"Mannu Arora","pubname":"ET","designame":"Senior Correspondent","audetailsxml":{"details":[]},"aulinksxml":{"links":{"link":[]}},"auagencyid":"88675702","auagencyname":"ETCFO","autype":"GENERAL"}},"similarlytagged":[{"msid":"96377797","stname":"Govt clears Rs 357-cr sop for Foxconn India unit under PLI scheme","artsyn":"\u201cFoxconn Hon Hai Technology India Mega Development Pvt. 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The sector registered 113% on-year growth in the second quarter of 2022, said the research firm.","seolocation":"telecomnews\/bulk-of-wearables-hearables-india-demand-met-from-local-assembly-but-value-addition-minimal","seolocationalt":"'Bulk of wearables, hearables India demand met from local assembly, but value addition minimal'","url_seo":"bulk-of-wearables-hearables-india-demand-met-from-local-assembly-but-value-addition-minimal"},{"msid":"94215309","stname":"Made in India smartphone shipments rise 16% in Q2; Oppo, Samsung, Vivo lead: Counterpoint","artsyn":"Oppo led the Made in India shipments with a 24% share, followed by Samsung and Vivo, as per the report whereas in the third-party electronics manufacturing services (EMS) players, Bharat FIH, Dixon, and DBG were the leading companies.","seolocation":"telecomnews\/made-in-india-smartphone-shipments-rise-16-in-q2-oppo-samsung-vivo-lead-counterpoint","seolocationalt":"Made in India smartphone shipments rise 16% in Q2; Oppo, Samsung, Vivo lead: Counterpoint","url_seo":"made-in-india-smartphone-shipments-rise-16-in-q2-oppo-samsung-vivo-lead-counterpoint"},{"msid":"94097923","stname":"Govt clears PLI incentive of Rs 53 crore for Dixon, becomes first firm to receive sops under scheme","artsyn":"The Noida-based company\u2019s proposal was the only one that came up before an empowered group, chaired by Niti Aayog chief executive Parameswaran Iyer, for approval. Although Samsung had also filed claims for FY20-21, the Ministry of Electronics and IT had sought more information from the company and hence its proposal was not put up in the meeting.","seolocation":"telecomnews\/govt-clears-pli-incentive-of-rs53-cr-for-dixon-becomes-first-firm-to-receive-sops-under-scheme","seolocationalt":"Govt clears PLI incentive of Rs 53 crore for Dixon, becomes first firm to receive sops under scheme","url_seo":"govt-clears-pli-incentive-of-rs53-cr-for-dixon-becomes-first-firm-to-receive-sops-under-scheme"},{"msid":"94000763","stname":"Dixon partners Google to locally design and manufacture Android smart TVs; to open design center in India","artsyn":"Sunil Vachani, CMD at Dixon told ET that the company will now fully design and manufacture smart TVs, which will be supported by Google. \"These TVs will be made available to all TV brands that are currently importing these devices from other countries.\"","seolocation":"telecomnews\/dixon-partners-google-to-locally-design-and-manufacture-android-smart-tvs-to-open-design-center-in-india","seolocationalt":"Dixon partners Google to locally design and manufacture Android smart TVs; to open design center in India","url_seo":"dixon-partners-google-to-locally-design-and-manufacture-android-smart-tvs-to-open-design-center-in-india"},{"msid":"91908730","stname":"Samsung Display to shut LCD biz by June: Report","artsyn":"The decision by the Samsung Group firm has come six months earlier than expected, largely due to rapid losses from falling LCD prices, the report added.","seolocation":"telecomnews\/samsung-display-to-shut-lcd-biz-by-june-report","seolocationalt":"Samsung Display to shut LCD biz by June: Report","url_seo":"samsung-display-to-shut-lcd-biz-by-june-report"},{"msid":"91782424","stname":"Samsung to exit low value feature phones biz in India","artsyn":"The Korean major is believed to be focusing its energies on higher price tiers, with one of the people saying that Samsung will be launching smartphones mostly above Rs 15,000 going forward.","seolocation":"telecomnews\/samsung-to-exit-low-value-feature-phones-biz-in-india","seolocationalt":"Samsung to exit low value feature phones biz in India","url_seo":"samsung-to-exit-low-value-feature-phones-biz-in-india"},{"msid":"89104548","stname":"Govt to facilitate ecosystem for creating indigenous operating system for mobile phones: MoS IT","artsyn":"government is planning to come up with a policy that will facilitate an ecosystem for the industry to create an indigenous operating system as an alternative to Google's Android and Apple's iOS, Union Minister of State for Electronics and IT Rajeev Chandrasekhar said on Monday.","seolocation":"telecomnews\/govt-to-facilitate-ecosystem-for-creating-indigenous-operating-system-for-mobile-phones-mos-it","seolocationalt":"Govt to facilitate ecosystem for creating indigenous operating system for mobile phones: MoS IT","url_seo":"govt-to-facilitate-ecosystem-for-creating-indigenous-operating-system-for-mobile-phones-mos-it"},{"msid":"88972784","stname":"Dixon Tech enters into JV with makers of boAt brand Imagine Marketing","artsyn":"Vivek Gambhir, CEO at boAt, said if both the JV partners agree, the entity can manufacture for other brands as well. \"The anchor customer will be Boat. Also, while it will initially manufacture wireless audio products, other products can be added in phases,\" he said.","seolocation":"telecomnews\/dixon-tech-enters-into-jv-with-makers-of-boat-brand-imagine-marketing","seolocationalt":"Dixon Tech enters into JV with makers of boAt brand Imagine Marketing","url_seo":"dixon-tech-enters-into-jv-with-makers-of-boat-brand-imagine-marketing"},{"msid":"88206073","stname":"Nokia phone maker HMD looking to locally make tablets, accessories; to begin feature phone exports","artsyn":"\u201cIndia is an important market for us from a manufacturing standpoint and we creating it as a global hub for supply chain,\u201d HMD Global vice-president (India and MENA) Sanmeet Singh Kochhar told ET.","seolocation":"telecomnews\/nokia-phone-maker-hmd-looking-to-locally-make-tablets-accessories-to-begin-feature-phone-exports","seolocationalt":"Nokia phone maker HMD looking to locally make tablets, accessories; to begin feature phone exports","url_seo":"nokia-phone-maker-hmd-looking-to-locally-make-tablets-accessories-to-begin-feature-phone-exports"},{"msid":"87913726","stname":"Acer India, Dixon join hands to manufacture upto 5 lakh laptops annually","artsyn":"\u201cThis will give a strong impetus to India's manufacturing competitiveness and leverage the production-linked incentive (PLI) by Government of India. The factory will have the capacity to produce upto 500,000 laptops annually,\u201d as per an official statement.","seolocation":"telecomnews\/acer-india-dixon-join-hands-to-manufacture-upto-5-lakh-laptops-annually","seolocationalt":"Acer India, Dixon join hands to manufacture upto 5 lakh laptops annually","url_seo":"acer-india-dixon-join-hands-to-manufacture-upto-5-lakh-laptops-annually"},{"msid":"87082726","stname":"Dixon Tech plans to export 5G mm phone to US, jack up production capacity","artsyn":"The Orbic Myra 5G UW smartphone, which can operate in high frequency bands, is also the first smartphone that has been partly designed in India, Dixon Technologies executive chairman Sunil Vachani told PTI.","seolocation":"telecomnews\/dixon-tech-plans-to-export-5g-mm-phone-to-us-jack-up-production-capacity","seolocationalt":"Dixon Tech plans to export 5G mm phone to US, jack up production capacity","url_seo":"dixon-tech-plans-to-export-5g-mm-phone-to-us-jack-up-production-capacity"},{"msid":"87021010","stname":"Dixon Technologies to invest Rs 200 cr under telecom PLI; plans to acquire Bharti's plant","artsyn":"\"Dixon has got a PLI licence for the telecom sector. We are proposing to do a joint venture with the Bharti Group. The first manufacturing plant that we will be acquiring will be Bharti's plant in Ludhiana which used to manufacture telephones,\" Dixon Technologies executive chairman Sunil Vachani said.","seolocation":"telecomnews\/dixon-technologies-to-invest-rs-200-cr-under-telecom-pli-plans-to-acquire-bhartis-plant","seolocationalt":"Dixon Technologies to invest Rs 200 cr under telecom PLI; plans to acquire Bharti's plant","url_seo":"dixon-technologies-to-invest-rs-200-cr-under-telecom-pli-plans-to-acquire-bhartis-plant"},{"msid":"85400273","stname":"Need to rework capping of RoDTEP rates on mobile phones, PCBAs: Handset makers","artsyn":"Centre has today notified RoDTEP Scheme Guidelines and Rates (Remission of Duties and Taxes on Exported Products). The rate has been capped to Rs 24.5 per unit for smartphones and Rs 2.30 for PCBAs.","seolocation":"telecomnews\/need-to-rework-capping-of-rodtep-rates-on-mobile-phones-pcbas-handset-makers","seolocationalt":"Need to rework capping of RoDTEP rates on mobile phones, PCBAs: Handset makers","url_seo":"need-to-rework-capping-of-rodtep-rates-on-mobile-phones-pcbas-handset-makers"},{"msid":"85205207","stname":"Dixon to form JV with Rexxam for PCB manufacturing","artsyn":"The company has also proposed to file necessary applications with Department for Promotion of Industry and Internal Trade (DPIIT) or any other nodal agency to avail benefits under the PLI Scheme of Government of India.","seolocation":"telecomnews\/dixon-to-form-jv-with-rexxam-for-pcb-manufacturing","seolocationalt":"Dixon to form JV with Rexxam for PCB manufacturing","url_seo":"dixon-to-form-jv-with-rexxam-for-pcb-manufacturing"},{"msid":"83205413","stname":"DoT seeks applications for telecom gear PLI scheme; to select 10 large, 10 MSMEs","artsyn":"According to the guidelines released on Thursday, Rs 12,195 crore will be disbursed as incentives to the qualifying companies over a five year period by achieving stipulated production targets.","seolocation":"telecomnews\/dot-seeks-applications-for-telecom-gear-pli-scheme-to-select-10-large-10-msmes","seolocationalt":"DoT seeks applications for telecom gear PLI scheme; to select 10 large, 10 MSMEs","url_seo":"dot-seeks-applications-for-telecom-gear-pli-scheme-to-select-10-large-10-msmes"},{"msid":"83006765","stname":"Dixon FY4Q net profit up 60% on year; but down sequentially","artsyn":"During the bygone quarter, the company saw a dip of 3.3% in its total income which declined to Rs 2,110.69 crore from Rs 2,182.92 crore in the third quarter of the previous fiscal.","seolocation":"telecomnews\/dixon-fy4q-net-profit-up-60-on-year-but-down-sequentially","seolocationalt":"Dixon FY4Q net profit up 60% on year; but down sequentially","url_seo":"dixon-fy4q-net-profit-up-60-on-year-but-down-sequentially"}],"primeid":0,"storytags":{"categoryTag":{"sectionid":"49830939","sectionname":"TelecomNews","seolocation":"telecomnews","seolocationalt":"telecomnews"},"otherTags":[{"keyid":"3048254","value":"Dixon","smid":"0","keynameseo":"Dixon","keytype":"","keycount":"totalcount","weightage":"100"},{"keyid":"1579188","value":"electronics manufacturing","smid":"0","keynameseo":"electronics-manufacturing","keytype":"","keycount":"totalcount","weightage":"80"},{"keyid":"6361185","value":"Consumer Electronics","smid":"0","keynameseo":"Consumer-Electronics","keytype":"","keycount":"totalcount","weightage":"80"},{"keyid":"8941225","value":"PLI scheme","smid":"0","keynameseo":"PLI-scheme","keytype":"","keycount":"totalcount","weightage":"20"},{"keyid":"2645311","value":"Mobile manufacturing","smid":"0","keynameseo":"Mobile-manufacturing","keytype":"","keycount":"totalcount","weightage":"20"},{"keyid":"6362048","value":"manufacturing","smid":"0","keynameseo":"manufacturing","keytype":"","keycount":"totalcount","weightage":"20"},{"keyid":"753025","value":"Dixon Technologies","smid":"0","keynameseo":"Dixon-Technologies","keytype":"","keycount":"totalcount","weightage":"20"},{"keyid":"6355190","value":"Devices","smid":"0","keynameseo":"Devices","keytype":"","keycount":"totalcount","weightage":"20"},{"keyid":"5890549","value":"CFO news","smid":"0","keynameseo":"CFO-news","keytype":"","keycount":"totalcount","weightage":"20"},{"keyid":"7954719","value":"CFO Interviews","smid":"0","keynameseo":"CFO-Interviews","keytype":"","keycount":"totalcount","weightage":"20"}],"filterTags":[]},"formattedTags":{"companyTags":[],"otherTags":[{"name":"electronics manufacturing"},{"name":"Consumer Electronics"},{"name":"Mobile manufacturing"},{"name":"Dixon Technologies"},{"name":"CFO Interviews"},{"name":"manufacturing"},{"name":"PLI scheme"},{"name":"CFO news"},{"name":"Devices"},{"name":"Dixon"}],"newsCategoryTags":[{"name":"TelecomNews","seolocation":"telecomnews"}],"breadcrumbTags":["Dixon","electronics manufacturing","Consumer Electronics","PLI scheme","Mobile manufacturing","manufacturing","Dixon Technologies","Devices","CFO news","CFO Interviews"],"filterTags":[]},"breadcrumbTags":["Dixon","electronics manufacturing","Consumer Electronics","PLI scheme","Mobile manufacturing","manufacturing","Dixon Technologies","Devices","CFO news","CFO Interviews"],"Alttitle":{"minfo":""},"Altdescription":{"minfo":""},"amp_url":"\/\/www.iser-br.com\/amp\/news\/indias-dixon-eying-40-growth-in-a-deep-recession\/79604574","associated":{"articles":{"96377797":{"msid":"96377797","stname":"Govt clears Rs 357-cr sop for Foxconn India unit under PLI scheme","artsyn":"\u201cFoxconn Hon Hai Technology India Mega Development Pvt. Ltd is the first global company that has been approved under the target segment \u2018Mobile Phones\u2019 (Category: Invoice Value Rs 15,000 and Above) to receive incentive under mobile manufacturing for the period 1 August 2021\u201331 March 2022 based on its incremental investments and sales figures,\u201d the government said in a statement Tuesday.","seolocation":"telecomnews\/govt-clears-rs-357-cr-sop-for-foxconn-india-unit-under-pli-scheme","seolocationalt":"Govt clears Rs 357-cr sop for Foxconn India unit under PLI scheme","url_seo":"govt-clears-rs-357-cr-sop-for-foxconn-india-unit-under-pli-scheme"},"96102184":{"msid":"96102184","stname":"Oppo, Vivo, Xiaomi agree to shift some export production from China to India","artsyn":"Export of the made-in-India smartphones by Chinese companies would mean a shift in their manufacturing strategy as it will perhaps be the first time that they share their global production volumes with India and open up their world markets, something that they have steadfastly refused to do till now.","seolocation":"telecomnews\/oppo-vivo-xiaomi-agree-to-shift-some-export-production-from-china-to-india","seolocationalt":"Oppo, Vivo, Xiaomi agree to shift some export production from China to India","url_seo":"oppo-vivo-xiaomi-agree-to-shift-some-export-production-from-china-to-india"},"95847951":{"msid":"95847951","stname":"Twitter answering privacy concerns 'so far': Lead EU regulator","artsyn":"The watchdog said it had also been able to continue with six investigations into Twitter relating to potential privacy breaches that pre-date Musk's acquisition.","seolocation":"telecomnews\/twitter-answering-privacy-concerns-so-far-lead-eu-regulator","seolocationalt":"Twitter answering privacy concerns 'so far': Lead EU regulator","url_seo":"twitter-answering-privacy-concerns-so-far-lead-eu-regulator"},"95132922":{"msid":"95132922","stname":"China-West tensions boost India's manufacturing goals","artsyn":"India as a risk-mitigation tactic \u2014 a hedge against manufacturing all widgets in China \u2014 is a story that\u2019s gathering investor interest and helping to justify lofty valuations. The premium for Indian stocks over emerging-market shares is currently three standard deviations higher than the 10-year average.","seolocation":"telecomnews\/china-west-tensions-boost-indias-manufacturing-goals","seolocationalt":"China-West tensions boost India's manufacturing goals","url_seo":"china-west-tensions-boost-indias-manufacturing-goals"},"94504226":{"msid":"94504226","stname":"'Bulk of wearables, hearables India demand met from local assembly, but value addition minimal'","artsyn":"The wearables segment is expected to hit shipments of 100 million units worth $3.1 billion in 2022, and grow to 140 million units and $3.6 billion by 2025, according to IDC India. The sector registered 113% on-year growth in the second quarter of 2022, said the research firm.","seolocation":"telecomnews\/bulk-of-wearables-hearables-india-demand-met-from-local-assembly-but-value-addition-minimal","seolocationalt":"'Bulk of wearables, hearables India demand met from local assembly, but value addition minimal'","url_seo":"bulk-of-wearables-hearables-india-demand-met-from-local-assembly-but-value-addition-minimal"},"94215309":{"msid":"94215309","stname":"Made in India smartphone shipments rise 16% in Q2; Oppo, Samsung, Vivo lead: Counterpoint","artsyn":"Oppo led the Made in India shipments with a 24% share, followed by Samsung and Vivo, as per the report whereas in the third-party electronics manufacturing services (EMS) players, Bharat FIH, Dixon, and DBG were the leading companies.","seolocation":"telecomnews\/made-in-india-smartphone-shipments-rise-16-in-q2-oppo-samsung-vivo-lead-counterpoint","seolocationalt":"Made in India smartphone shipments rise 16% in Q2; Oppo, Samsung, Vivo lead: Counterpoint","url_seo":"made-in-india-smartphone-shipments-rise-16-in-q2-oppo-samsung-vivo-lead-counterpoint"},"94097923":{"msid":"94097923","stname":"Govt clears PLI incentive of Rs 53 crore for Dixon, becomes first firm to receive sops under scheme","artsyn":"The Noida-based company\u2019s proposal was the only one that came up before an empowered group, chaired by Niti Aayog chief executive Parameswaran Iyer, for approval. 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Also, while it will initially manufacture wireless audio products, other products can be added in phases,\" he said.","seolocation":"telecomnews\/dixon-tech-enters-into-jv-with-makers-of-boat-brand-imagine-marketing","seolocationalt":"Dixon Tech enters into JV with makers of boAt brand Imagine Marketing","url_seo":"dixon-tech-enters-into-jv-with-makers-of-boat-brand-imagine-marketing"},"88206073":{"msid":"88206073","stname":"Nokia phone maker HMD looking to locally make tablets, accessories; to begin feature phone exports","artsyn":"\u201cIndia is an important market for us from a manufacturing standpoint and we creating it as a global hub for supply chain,\u201d HMD Global vice-president (India and MENA) Sanmeet Singh Kochhar told ET.","seolocation":"telecomnews\/nokia-phone-maker-hmd-looking-to-locally-make-tablets-accessories-to-begin-feature-phone-exports","seolocationalt":"Nokia phone maker HMD looking to locally make tablets, accessories; to begin feature phone exports","url_seo":"nokia-phone-maker-hmd-looking-to-locally-make-tablets-accessories-to-begin-feature-phone-exports"},"87913726":{"msid":"87913726","stname":"Acer India, Dixon join hands to manufacture upto 5 lakh laptops annually","artsyn":"\u201cThis will give a strong impetus to India's manufacturing competitiveness and leverage the production-linked incentive (PLI) by Government of India. The factory will have the capacity to produce upto 500,000 laptops annually,\u201d as per an official statement.","seolocation":"telecomnews\/acer-india-dixon-join-hands-to-manufacture-upto-5-lakh-laptops-annually","seolocationalt":"Acer India, Dixon join hands to manufacture upto 5 lakh laptops annually","url_seo":"acer-india-dixon-join-hands-to-manufacture-upto-5-lakh-laptops-annually"},"87082726":{"msid":"87082726","stname":"Dixon Tech plans to export 5G mm phone to US, jack up production capacity","artsyn":"The Orbic Myra 5G UW smartphone, which can operate in high frequency bands, is also the first smartphone that has been partly designed in India, Dixon Technologies executive chairman Sunil Vachani told PTI.","seolocation":"telecomnews\/dixon-tech-plans-to-export-5g-mm-phone-to-us-jack-up-production-capacity","seolocationalt":"Dixon Tech plans to export 5G mm phone to US, jack up production capacity","url_seo":"dixon-tech-plans-to-export-5g-mm-phone-to-us-jack-up-production-capacity"},"87021010":{"msid":"87021010","stname":"Dixon Technologies to invest Rs 200 cr under telecom PLI; plans to acquire Bharti's plant","artsyn":"\"Dixon has got a PLI licence for the telecom sector. We are proposing to do a joint venture with the Bharti Group. The first manufacturing plant that we will be acquiring will be Bharti's plant in Ludhiana which used to manufacture telephones,\" Dixon Technologies executive chairman Sunil Vachani said.","seolocation":"telecomnews\/dixon-technologies-to-invest-rs-200-cr-under-telecom-pli-plans-to-acquire-bhartis-plant","seolocationalt":"Dixon Technologies to invest Rs 200 cr under telecom PLI; plans to acquire Bharti's plant","url_seo":"dixon-technologies-to-invest-rs-200-cr-under-telecom-pli-plans-to-acquire-bhartis-plant"},"85400273":{"msid":"85400273","stname":"Need to rework capping of RoDTEP rates on mobile phones, PCBAs: Handset makers","artsyn":"Centre has today notified RoDTEP Scheme Guidelines and Rates (Remission of Duties and Taxes on Exported Products). The rate has been capped to Rs 24.5 per unit for smartphones and Rs 2.30 for PCBAs.","seolocation":"telecomnews\/need-to-rework-capping-of-rodtep-rates-on-mobile-phones-pcbas-handset-makers","seolocationalt":"Need to rework capping of RoDTEP rates on mobile phones, PCBAs: Handset makers","url_seo":"need-to-rework-capping-of-rodtep-rates-on-mobile-phones-pcbas-handset-makers"},"85205207":{"msid":"85205207","stname":"Dixon to form JV with Rexxam for PCB manufacturing","artsyn":"The company has also proposed to file necessary applications with Department for Promotion of Industry and Internal Trade (DPIIT) or any other nodal agency to avail benefits under the PLI Scheme of Government of India.","seolocation":"telecomnews\/dixon-to-form-jv-with-rexxam-for-pcb-manufacturing","seolocationalt":"Dixon to form JV with Rexxam for PCB manufacturing","url_seo":"dixon-to-form-jv-with-rexxam-for-pcb-manufacturing"},"83205413":{"msid":"83205413","stname":"DoT seeks applications for telecom gear PLI scheme; to select 10 large, 10 MSMEs","artsyn":"According to the guidelines released on Thursday, Rs 12,195 crore will be disbursed as incentives to the qualifying companies over a five year period by achieving stipulated production targets.","seolocation":"telecomnews\/dot-seeks-applications-for-telecom-gear-pli-scheme-to-select-10-large-10-msmes","seolocationalt":"DoT seeks applications for telecom gear PLI scheme; to select 10 large, 10 MSMEs","url_seo":"dot-seeks-applications-for-telecom-gear-pli-scheme-to-select-10-large-10-msmes"},"83006765":{"msid":"83006765","stname":"Dixon FY4Q net profit up 60% on year; but down sequentially","artsyn":"During the bygone quarter, the company saw a dip of 3.3% in its total income which declined to Rs 2,110.69 crore from Rs 2,182.92 crore in the third quarter of the previous fiscal.","seolocation":"telecomnews\/dixon-fy4q-net-profit-up-60-on-year-but-down-sequentially","seolocationalt":"Dixon FY4Q net profit up 60% on year; but down sequentially","url_seo":"dixon-fy4q-net-profit-up-60-on-year-but-down-sequentially"}}}}" data-news-images="[{"msid":"79603952","msname":"","msnameseo":"dixontechgrowth","mediatype":"1","artdate":"2020-12-07 12:34:59.0","caption":" Dixon Technologies CFO Saurabh Gupta"},{"msid":"79604017","msname":"","msnameseo":"electronicsstore","mediatype":"1","artdate":"2020-12-07 12:39:43.0","caption":""},{"msid":"79604105","msname":"","msnameseo":"customerimage","mediatype":"1","artdate":"2020-12-07 12:43:27.0","caption":""},{"msid":"79604485","msname":"","msnameseo":"rupeeindia","mediatype":"1","artdate":"2020-12-07 13:06:33.0","caption":""}]" data-newsletter-by="0" data-newsletter-date="a" data-hasbottomcarousel="" data-alldetailsopen="0" data-multipleanalyticshit="" data-deeplink="https://ettelecom.app.link?$deeplink_path=" data-socialshareformat="default">
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