Atul Lall, Managing Director At Dixon Technologies Speaks
Key highlights from the conversation:
⭐ With Custom duty coming down on open cell, it will increase brand outsourcing to players like Dixon.
⭐ This will positively impact our margins.
⭐ Commercial production of mobile circuit board will start in July 2018.
⭐ Mobile segment will show nominal growth.
⭐ But there will be margin expansion in mobile segment due to backward integration.
⭐ Expect margins to improve by 50-60 basis points
⭐ Revenue growth for mobile segment in December quarter was flat. Current quarter will see a nominal uptick and major growth will come from the next quarter.
⭐ Confident to deliver above 25 percent revenue growth for the next 3-5 years.
⭐ Reliance Retail is an important customer to us.
⭐ In discussion to supply products other than TVs to Reliance Retail
