Dixon Technologies (India) on Friday has received approval from the Government of India under the Production Linked Incentive Scheme for IT hardware manufacturing under the 'Domestic Companies' category.
Atul B. Lall, Vice Chairman & Managing Director, Dixon Technologies (India) Ltd. said, "Dixon has established itself as one of the leading and trustworthy electronic manufacturing service provider in India. Due to pandemic situation, last few months had been extremely challenging for everyone. However, we sustained during these challenging times due to our commitment towards quality products, strong associations with leading brands and continuous efforts towards foraying into new and emerging segments with the likes of IT hardware manufacturing."
Lall added, "We are extremely thrilled that after PU approval for Mobile Phones, we have received PU approval to manufacture IT hardware products as well. We are thankful to Government of India for providing such encouraging platforms to Domestic manufacturing sector. We are positive that we will immensely contribute towards building strong ecosystem for strengthening manufacturing space in India. Also, I would like to take this opportunity to congratulate all the Companies who have achieved this breakthrough along with us."
Dixon is the largest homegrown design-focused and solutions company engaged in manufacturing products in the consumer durables, lighting and mobile phones markets in India.
On Sensex, Dixon finished at Rs4524.40 per piece up by Rs113.30 or 2.6%.