Dixon CFO sees India smartphone market shrinking 10–15% as memory costs rise
Dixon Technologies CFO Saurabh Gupta expects India’s smartphone market to contract 10–15% this year as memory prices lift low- and mid-range handset prices by 30–35%. The manufacturer plans to pursue share gains through exports, PLI support and capacity expansion.
Dixon CFO Saurabh Gupta expects India’s smartphone market to contract 10-15% this year as higher memory costs lift handset prices. Dixon aims to gain share, supported by export traction, PLI tailwinds and internally funded electronics-manufacturing expansion.