The stock of Dixon Technologies (India), the country’s largest listed electronic manufacturing services (EMS) player, was up 6 per cent in 10 trading sessions, boosting the gains over the last three months to 21 per cent.
The gains came following reports that Dixon will produce laptops in India in partnership with US and Chinese firms under the production-linked investment (PLI) scheme. It recently signed an agreement to make smartphones for Xiaomi India. Dixon has a diversified portfolio of televisions (TV), smartphones, lighting, washing machines, refrigerators, information technology (IT) hardware and wearables. New customers are expected to give it