Homegrown electronics manufacturer Dixon Technologies India is planning a substantial investment of up to Rs 1500-1800 crore over the next three years to expand its production capacity and component manufacturing capabilities. The company has outlined plans to invest over Rs 500 crore and is open to raising additional funds for significant acquisitions.
This strategic investment aims to enhance Dixon Technologies' manufacturing infrastructure, positioning the company for growth in the competitive electronics market. By expanding production capacity and focusing on component manufacturing, Dixon Technologies seeks to strengthen its market presence and meet increasing demand for electronic products.
Company spokesperson Lall mentioned that around one-third of the capital expenditure will be allocated to the backward integration of components. This fiscal year, Dixon Technologies will invest approximately Rs 570 crore in this area.
The backward integration into components is expected to enhance the company's capabilities, strengthen relationships with current clients, and improve profit margins. This move underscores Dixon Technologies' strategy to solidify its position as a leading player in the Indian contract manufacturing sector.
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