Dixon Technologies (India) Ltd rose 4.21 per cent to Rs 10,885, while Kaynes Technology India gained 3.82 per cent to Rs 3,608.90. ADVERTISEMENTPG Electroplast advanced 2.59 per cent to Rs 561.75, DCX Systems climbed 2.06 per cent to Rs 180.95, and Cyient DLM edged up 1.04 per cent to Rs 379.70. The rally followed Sitharaman’s announcement that the outlay for electronics manufacturing would be increased to Rs 40,000 crore in 2026–27. The mobile manufacturing segment alone has seen a nearly 30-fold rise in production value, growing from Rs 18,000 crore in FY15 to Rs 5.45 lakh crore in FY25. iPhone exports from India touched Rs 2.03 lakh crore in 2025, almost double the Rs 1.1 lakh crore Apple exported in the calendar year 2024.

Source: The Telegraph February 01, 2026 07:00 UTC