Dixon Technologies (India) Limited
Dixon Technologies stands at the forefront of India's EMS landscape, offering a diverse portfolio that includes consumer electronics, home appliances, and mobile phones. The company's proactive approach to aligning with the PLI scheme has positioned it favorably to capitalize on the growing demand for domestically manufactured electronic components. Dixon's strategic partnerships and expansion plans are expected to drive substantial revenue growth in the coming years.
Syrma SGS Technology
Syrma SGS Technology specializes in high-mix, flexible volume precision manufacturing for diverse end-use applications. The company's focus on innovation and quality has made it a preferred partner for global OEMs. Participation in the PLI scheme is anticipated to enhance Syrma's manufacturing capabilities, enabling it to meet the increasing demand for electronic components both domestically and internationally.
Amber Enterprises India Limited
Amber Enterprises is a leading solution provider for the air conditioner OEM/ODM industry in India. With a diversified product portfolio and a robust manufacturing infrastructure, Amber is well-positioned to benefit from the PLI scheme. The company's commitment to backward integration and localization aligns with the government's vision of self-reliance in electronics manufacturing.
Impact of the PLI Scheme on the EMS Sector
The PLI scheme's focus on incentivizing domestic manufacturing is expected to catalyze significant investments in the EMS sector. Projections indicate that the sector could grow to ₹6 lakh crore by FY27, up from ₹1.46 lakh crore in FY22. This growth is attributed to favorable government policies, increasing domestic demand, and a robust push toward self-reliance.
India's ₹23,000 crore PLI scheme is a transformative initiative aimed at boosting domestic electronics manufacturing. Companies like Dixon Technologies, Syrma SGS Technology, and Amber Enterprises are poised to leverage this opportunity, contributing to the sector's growth and reinforcing India's position as a global electronics manufacturing hub.