Best Indian Smartphone & Gadget Stocks to Buy

India’s Gadget Economy Is Exploding

– India = world’s 2nd largest smartphone market
– Accessory & gadget sales growing post-COVID
– Local manufacturing gets policy push

Top Stocks in the Gadget Supply Chain

– Dixon Technologies – EMS leader for mobiles & TVs
– Amber Enterprises – Electronics + white goods component supplier
Bharat FIH (if listed) – Foxconn’s Indian arm for smartphone assembly

Why These Stocks Stand Out

– Linked to global brands (Samsung, Xiaomi, etc.)
– PLI-backed expansion across states
– High operating leverage as volumes rise

Gadget Sector Risks

– Low margins due to commoditized hardware
– Tech obsolescence needs constant capex
– Global demand swings impact order flow

Investment Insights

– Focus on 2–3 year horizon
– Buy low, wait for re-rating