PLI Uncertainty Wont Dent LongTerm Margins: Dixon Technologies

In a conversation with NDTV Profit, Saurabh Gupta, Executive Director & Group CFO of Dixon Technologies, addresses concerns around the sharp reduction in budgetary allocation for Production-Linked Incentive (PLI) schemes. He outlines how Dixon is preparing for a potential scenario where the PLI for mobiles may not be extended, explaining the expected impact and the company’s mitigation strategy. Gupta emphasises that Dixon’s aggressive push into backward integration especially in displays and camera modules. Gupta even positions the company for margin expansion by FY28, even after accounting for the potential PLI rollback.