Dixon and peers move beyond assembly as India’s electronics component push accelerates
Dixon, Amber, Syrma SGS, Kaynes, Optiemus and Tata Electronics are expanding into PCBs, modules, packaging and other components, supported by the ₹40,000 crore ECMS scheme. The shift aims to reduce import dependence and deepen domestic supply chains for smartphones, consumer electronics and automotive products.
What happened
Dixon Technologies · Indian electronics manufacturers led by Dixon are shifting from device assembly to components, backed by ECMS incentives. Amber, Syrma,
Key facts
- Dixon Technologies revenue: Rs 48,872 crore last year
- 90% of Dixon revenue came from smartphones
- Camera and display modules could add 35% value to mobile phones
- ECMS government support: Rs 40,000 crore
- India PCB addressable market: $5 billion
- 90% of PCBs are imported
- Kaynes Technology FY26 revenue: Rs 3,626 crore
- Syrma SGS PCB investment: Rs 765 crore
- Syrma planned PCB capacity: 2.5 million sq m annually
- Syrma planned high-density PCB capacity: 1 million sq m
- Amber/Shogini PCB revenue: Rs 720 crore in FY25
- Amber ECMS-approved multilayer PCB investment: about Rs 1,000 crore
- Korea Circuits JV proposed investment: Rs 3,200 crore
- Optiemus screen-protector capacity: 15-20 million annually
- Tata Electronics acquired 60% stake in Pegatron
Why this matters
Consumer-tech companies should assess partnerships, supplier development deals and selective acquisitions with India’s emerging PCB, module and packaging specialists to localise critical parts of their supply chain.