Foxconn, Dixon Tech urge Centre to pay pending ... - Moneycontrol
2 days ago · Foxconn’s roughly Rs 30,000 crore of iPhone production in the fiscal year through March 2023 exceeded its cap of Rs 20,000 crore. And Dixon’s production of Rs 8,000 crore in the fiscal year ...
Why did shares of Dixon Technologies, CG Power and peers
2 days ago · Out of the 31 analysts that have coverage on Dixon Technologies, 15 of them have a "buy" rating, nine of them say "hold", while the other seven have a "hold" rating. Shares of Dixon Technologies ended 8.4% lower at ₹16,900, while those of CG Power ended 3.5% lower at ₹692.7. Shares of Kaynes Tech too ended 4.1% lower on Wednesday at ₹6,950.
Foxconn, Dixon Said to Urge Government to Pay Pending …
1 day ago · Foxconn and Dixon argue that, according to the program rules, they are eligible for some of the unallocated funds, people familiar with the matter said. Foxconn could get as much Rs. 6 billion and Dixon Rs. 1 billion if the government releases the funds, the people said, asking not to be identified as the matter isn't public.
Foxconn & Dixon Urge Govt To Clear Pending Subsidies
2 days ago · SUMMARY. While Foxconn could receive as much as INR 600 Cr, homegrown Dixon could get INR 100 Cr if the government releases the funds. Foxconn produced iPhones worth INR 30,000 Cr in FY23, higher ...
Foxconn, Dixon Urge India to Pay Pending Production Subsidies
2 days ago · Apple Inc. supplier Foxconn Technology Group and Dixon Technologies India Ltd. are asking India to pay them billions of rupees in subsidies they think they are entitled to under the government’s ...
Apple Inc. supplier Foxconn & Dixon urge India to pay pending ...
2 days ago · Foxconn and Dixon Technologies are requesting subsidies from Indias production-linked incentive program, claiming they are eligible for unallocated funds. The government pledged 410 billion rupees in subsidies, but some companies didnt meet production targets, leaving funds unclaimed. Foxconn and Dixon, exceeding their production caps, argue they should receive a share.
Apple Inc. supplier Foxconn & Dixon urge India to pay pending ...
2 days ago · Foxconn Apple Inc. supplier Foxconn Technology Group and Dixon Technologies India Ltd. are asking India to pay them billions of rupees in subsidies they think they are entitled to under the government’s production incentives program. The government pledged a total of 410 billion rupees ($4.8 billion) in subsidies to manufacturers, and part of that remains unallocated because some companies ...
Foxconn requests India production subsidies - Taipei Times
2 days ago · Foxconn and Dixon argue that, according to the program rules, they are eligible for some of the unallocated funds, people familiar with the matter said. Foxconn could get as much as 6 billion rupees and Dixon 1 billion rupees if the government releases the funds, the sources said, asking not to be identified as the matter is not public.
Dixon and Foxconn Urge Government to Clear Pending Subsidies …
2 days ago · Dixon and Foxconn have both maintained that they qualify for a portion of the unallocated funding. According to the report, Foxconn produced iPhones valued at INR 30,000 Cr in the fiscal year 2022–2023 (FY23), which is significantly more than the INR 20,000 Cr benchmark set by the government. In FY24, Dixon, a domestic company, produced ...
Foxconn wants a bigger cut of India's production incentives
2 days ago · According to Foxconn and Dixon, the program rules say that the firms are eligible to receive some of the unallocated funds. For Foxconn, sources say that could be as much as 6 billion rupees ($69. ...
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