Feb 20 (Reuters) -

Dixon Technologies India, which assembles Google's

Pixel smartphones, is set to more than double its revenue this

fiscal year, driven by rapid growth in local electronics

manufacturing, a top executive told Reuters.

Electronics manufacturing has gained momentum in India as

global giants, including Alphabet's Google and Apple ( AAPL )

, expand their supply chain away from China.

"(For) the sector and Dixon, the growth path is going to be

extremely aggressive in the coming future," Managing Director

Atul Lall said on Wednesday.

The contract manufacturer reported a revenue of 177.13

billion rupees ($2.04 billion) for the 2024 financial year that

ended in March, up 45% from a year earlier. Its revenue stood at

285.77 billion rupees for the nine months ended December 31.

Noida-based Dixon, which also assembles smartphones for

firms such as China's Xiaomi and Oppo, has branched out into

component manufacturing as India plans to offer billions of

dollars in incentives to make parts for mobiles and laptops.

India's electronics manufacturing sector is set to grow to 6

trillion rupees in fiscal year 2027, from 1.46 trillion rupees

in 2022, brokerage Motilal Oswal said in a note in December.

However, U.S. President Donald Trump's threat to impose

reciprocal tariffs from early April could pose a risk, with

analysts estimating potential losses at about $7 billion a year

for India's export sectors.

Lall said Dixon, which has invested heavily to cater to

rising export demand for electronics, is awaiting more details

on the issue as the U.S. has made only broader statements so

far.

($1 = 86.8580 Indian rupees)