The government’s approval of the ₹62,500 crore mobile manufacturing scheme has renewed optimism for India’s electronics manufacturing sector. Gaurang Shah, Sr. VP, Geojit Investments, believes the initiative, along with PLI incentives, will strengthen India’s semiconductor, PCB, and electronics ecosystem while boosting exports. He says companies are investing heavily in capacity expansion, reflecting confidence in future demand. Among the stocks under coverage, Geojit remains positive on Amber Enterprises, CG Power, and PG Electroplast, while Dixon Technologies continues to attract investor interest as one of the leading players expected to benefit from the government’s manufacturing push.
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