Foxconn, Dixon leverage PLI route to boost manufacturing potential in India

How two poster boys of the government's signature manufacturing programme are deploying it to grow in India

They are both electronic manufacturing services (EMS) companies, also known as contract manufacturers. One is Taiwan’s Foxconn group, the undisputed global number one in this business with revenues of $223 billion. The other is Dixon Technologies, the biggest domestic player with revenues of over Rs 10,500 crore.

But they have another point of commonality. Both are leveraging the government’s production-linked incentive (PLI) scheme covering a range of industry segments. Dixon is eligible for PLI benefits in five sectors — mobile device, telecom products, IT products, LED components and wearables — in which the government has collectively offered incentives worth over