As large-scale EMS company, Dixon would make IT products at global cost: Atul Lall
Atul Lall, Vice-Chairman & MD, Dixon Tech, says “as per the guidelines under IT PLI 2, we are committed to deepening the manufacturing and increasing the local value addition over a period of six years. We already have a large relationship with Acer. We have recently been awarded a large contract for notebooks by another very large global brand. We are setting up a new factory. This factory should be ready in the next six to eight months. We plan to take 2023-2024 as the base year and the commercial production should be starting in 2024-2025. This is indeed a very large opportunity prediction and we want to pursue it very aggressively.”
We know already that you are looking at that PLI scheme as well and this entire import ban etc., that the government has introduced. Talk to us about the numbers in terms of the potential. What do you see it to be? You have tie-ups with Lenovo, Acer etc. Are those conversations now increasing? Are you getting more client inquiries?
Undoubtedly, it is a very large opportunity for us.
Please appreciate, almost $8 billion worth of IT products are imported into India and so that is the size of opportunity. In this particular domain, we are already there. So, we have filed our application under the domestic hybrid category to IT PLI 2.
We have committed to the government revenues over a period of six years of almost Rs 48,000 crore. We have committed an investment of Rs 250 crore.
As per the guidelines under IT PLI 2, we are committed to deepening the manufacturing and increasing the local value addition over a period of six years. We already have a large relationship with Acer.
