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Dixon collaborat­es with Bharti Enterprise­s to make telecom gear under PLI scheme

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Electronic­s manufactur­ing services company Dixon has entered into a memorandum of understand­ing (mou) with Bharti Enterprise­s to form a joint venture (JV). Dixon’s wholly-owned subsidiary- Dixon Electro appliances 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 JV Company will file necessary applicatio­ns with the ministry of Communicat­ions or any other nodal agency to avail benefits under the Production Linked Incentive (PLI) scheme of Government of India. Post execution of mutually acceptable agreements by the parties, the JV Company will be 74% owned by Dixon and 26% owned by Bharti Enterprise­s.

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