Exclusive: Dixon ready for more M&A opportunities to grow mobile business; set for component play: MD Atul Lall

Dixon Technologies is actively seeking merger and acquisition (M&A) opportunities in India to boost its growth in the electronics manufacturing sector. With a robust balance sheet and technical expertise, the company is prepared for inorganic expansion. \r

Dixon's recent acquisition of a majority stake in Ismartu India, a Transsion Technology subsidiary, exemplifies its M&A strategy. Focused on mobile manufacturing, Dixon aims to capture a significant share of India's EMS outsourcing market. Additionally, it plans substantial investments in mobile and display module manufacturing capacities. \r

The company is also venturing into the component ecosystem to strengthen its position in the industry. Dixon's initiatives align with the Indian government's production-linked incentive (PLI) scheme for electronic components, further bolstering its growth prospects. \r

Moreover, collaborations with global players and joint ventures, like the one with Airtel, signify its diversification and expansion plans in various segments.