Also, if you look at the economic activity, since COVID we have been at breakneck speed. Even on that count, we needed a breather and this period has given, last say two quarters have given us a period where we are kind of taking a breather on even economic activity, that also sets the platform very nicely for future growth.
PLI 2.0 for mobiles set to reward scale, exports; Dixon a key beneficiary: Motilal Oswal
The government’s new mobile phone manufacturing incentive scheme is set to favour companies with scale, export capabilities and strong domestic supply chains. Motilal Oswal said
August 24, 2026