Analysts say the deal will help Xiaomi India leverage Dixons status of being cleared to receive sops under the governments production-linked incentive (PLI) scheme for mobile manufacturing.
Dixon, an EMS player, is transitioning away from slow-growing segments and where it has a large 30 per cent-plus market share to new EMS segments, exports and component manufacturing.
India recently curbed laptop and computer imports, driven by security concerns and the Atmanirbhar Bharat initiative. This aligns with India’s goal to shift global supply chains.