Dixon to invest Rs 250 crore, hire 2,500 in 9 months under PLI scheme

Dixon Technologies is planning to invest Rs 250 crore and hire 2,500 people in next 8-9 months to expand operations to take advantage of the Product Linked Incentive (PLI) scheme that opened on Tuesday, a top company official said. On April 1, the government notified three schemes comprising total incentives of around Rs 48,000 crore to boost electronics manufacturing in the country.

Electronics manufacturing companies will get 4-6 per cent incentives based on certain incremental sales every year.

The company is readying to apply for the PLI scheme shortly, Dixon Technologies Chairman Sunil Vachani told .