New Delhi, Jan. 29 -- As the world order shifts from globalization towards protectionism, the Indian government too has shown persistent focus on Atmanirbhar Bharat, or self-reliant India, with initiatives like production-linked incentives (PLI) schemes to encourage local manufacturing.

Electronics manufacturer Dixon Technologies Ltd was among the earliest to answer the government's call to manufacturers to 'make in India'. It was the first to tap subsidies under the PLI for smartphone manufacturing when the scheme was launched in 2020-21.

Dixon Technologies has made the most of the capital expenditure subsidies, by establishing manufacturing units in 21 cities and partnered with major global smartphone brands, which have reflected in i...