The Economic Times

Kaynes Tech, Dixon Tech, Syrma shares rise up to 2% after govt notifies Rs 62,500 cr mobile manufacturing scheme

Shares of Kaynes Tech, Dixon Technologies and Syrma SGS gained after the government notified its Rs 62,500 crore Mobile Phone Manufacturing Scheme. The five-year initiative offers incentives to manufacturers and Indian brands, aiming to boost domestic value addition, exports, intellectual property, employment and Indias position as a global electronics manufacturing hub.