In a big booster shot for Dixon Technologies, a government panel has cleared $100 billion of mobile export proposals from global manufacturers. In an interview to CNBC-TV18, Atul Lall, MD of the company spoke at length about what this could mean for the company as well as for the sector.

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Speaking about PLI, Lall said, “We have not received any official nod yet. We have submitted 2 applications under the production-linked incentive (PLI) scheme. However, we understand that it’s going to take a week-10 days more for getting the official communication from the government.”

He further said that the government is giving a 4-5 percent incentive for manufacturing India under the PLI scheme.

“We are extremely excited about this big opportunity. We have got large contracts both for global markets and domestic markets, it’s lined up with large global ramps. We are going to accelerate our project implementation and we plan to start production sometime in Q4 of this fiscal,” added Lall.

On revenue front, he said, “If we get both the applications we should be able to generate a revenue of Rs 8,000 crore through mobile manufacturing plus what we are doing at present, which is a quantum jump for a company like us.”

“Next year is going to be a game changer if this kind of momentum sustains. So this year will be a small growth because of Q1 problems, but next year we are very positive,” he further added.

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