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Dixon Technologies seen as key beneficiary of India’s ₹62,500 crore Smartphone PLI 2.0

India’s Rs 62,500 crore Smartphone PLI 2.0 raises eligibility thresholds, prioritising exports and component localisation. Brokerages Motilal Oswal and JM Financial identify Dixon Technologies as a potential beneficiary due to its scale, manufacturing capacity and backward-integration potential.

Newer report on another story , , Business Today : Dixon slips 29% from peak as brokerages weigh smartphone softness against long-term growth

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Reported figures

From the report. Source details below

  • 2.25%-5% base incentive range
  • Rs 10,000 crore FY26 revenue eligibility threshold for EMS manufacturers
  • Rs 5,000 crore annual incremental revenue threshold
  • Up to 1.5% additional incentive for local sourcing
  • 25% of total smartphone units sold must use localised components
  • Up to 9.5% incentives for qualifying domestic brands

Other figures

  • FY26-FY31 scheme period

The source

Source Read the source at Financial Express

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Note Information, not investment advice. RetailIntel is not registered with SEBI.