Synopsis :

A leading EMS player posted stellar Q1 growth with doubled profits and robust mobile segment performance. Backward integration, JVs, and exports fuel expansion, while global brokerage sees 26% upside, projecting $11 billion revenue by FY28, ensuring scalability beyond PLI support.

India’s consumer electronics sector was valued at about USD 84 billion in 2024 and is projected to reach over USD 150 billion by 2033, growing at a CAGR of nearly 7%. Driven by rising incomes, urbanization, and internet penetration, now over 950 million users, the industry is adopting smart and connected devices backed by strong government policies and local manufacturing.

With a market capitalization of Rs 1,07,928.24 crore, the shares of Dixon Technologies (India) Ltd were at Rs 17,835.35 per

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