Deven Khanna, Group Director, Bharti Enterprises said, “With Dixon’s excellent track record in manufacturing industry & Bharti’s deep expertise in Telecom, this venture will be well positioned to be a key player in its space.” Electronic products maker Dixon Technologies on Wednesday said it has signed a MoU with Bharti Enterprises to form a joint venture in order to apply for the government’s production-linked incentive (PLI) scheme for manufacturing of telecom and networking products.
“Dixon’s wholly owned subsidiary- Dixon Electro Appliances Private Limited or any other Company identified by the parties will be the JV Company which will undertake manufacturing of telecom and networking products like modems, routers, set top boxes, IOT devices, etc for the telecom sector/industry, including Airtel,” the company said in a regulatory filing.
Bharti, Dixon form JV to manufacture telecom gear, to apply for PLI
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Last Updated: Apr 07, 2021, 11:40 AM IST
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Home-bred electronics maker Dixon Technologies will form a joint venture with Bharti Enterprises to manufacture telecom and networking products.
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Home-bred electronics maker Dixon Technologies will form a joint venture with Bharti Enterprises to manufacture telecom and networking products, it said. The two parties have entered into a memorandum of understanding to form the joint venture and apply the Central government’s Production-linked incentive (PLI) scheme for telecom equipment which has a total outlay of Rs 12,200 crore.
“Dixon’s wholly-owned subsidiary- Dixon Electro Appliances Private Limited or any other Company identified by the parties will be the JV Company which will undertake to manufacture of telecom and networking products like modems, routers, set-top boxes, IoT devices, etc for the telecom sector/industry includin
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