Dixon, Kaynes, Syrma SGS: Jefferies names winners and losers of new Rs 62,500 crore mobile scheme

The Cabinet has approved a Rs 62,500 crore Mobile Phone Manufacturing Scheme (MPMS), setting the stage for the next phase of India’s electronics manufacturing expansion. Jefferies said the policy broadens the government’s focus to deeper component manufacturing, bringing names like Dixon, Kaynes, Syrma, Uno Minda in focus.

Several other manufacturers like Samsung Electronics India, Foxconn, Tata Electronics, TDK, AT&S, Wipro and Samvardhana Motherson are also likely to be under the spotlight.