Dixon Technologies, a prominent player in India’s Electronics Manufacturing Services (EMS) sector, has significantly expanded its presence in the mobile phone manufacturing industry. The company has established partnerships with major smartphone brands, including Motorola, Samsung, Nokia, Xiaomi, Google Pixel, and Vivo, enabling it to cater to approximately 80-85% of the Indian smartphone market.
Arafat Saiyed, Vice President at InCred Research, highlights that mobile phones are a key growth driver for Dixon, expected to contribute 75-80% of the company’s revenue and around 70% of the EBITDA mix in FY25.
The EMS sector in India is experiencing robust growth, with projections indicating an increase from ₹1.46 lakh crore in FY22 to ₹6 lakh crore by FY27.
Dixon’s strategic partnerships and focus on high-volume production position it favorably to capitalize on this expanding market. Analysts remain optimistic about Dixon’s growth prospects, particularly in the mobile phone segment, as the company continues to secure larger orders and enhance its market share.
In summary, Dixon Technologies’ strategic collaborations and dominant market presence underscore its pivotal role in India’s EMS sector, with the mobile phone segment serving as a sitor to its anticipated growth in the coming years.