Bharti Enterprises, Dixon form JV to manufacture telecom, networking products under PLI Scheme
April 07, 2021
Dixon to have 74% stake and Bharti 26% in JV company
Telecom major Bharti Enterprises and Dixon Technologies (India) Limited that manufacturers consumer durables, lighting products and mobile phones/smart phones, said that they have entered into a memorandum of understanding (MoU) to form a joint venture (JV).
The JV company will file necessary applications with the Ministry of Communications or any other nodal agency to avail benefits under the PLI Scheme. Post execution of mutually acceptable agreements by the parties, the JV company will be 74 per cent owned by Dixon and 26 per cent by Bharti Enterprises.
Apr 01, 2021, 12:36 IST
AMARAVATI: Marching ahead with the winning streak, March has seen a resounding victory in the civic polls with people overwhelmingly endorsing YS Jagan Mohan Reddy s governance, the smooth aviation takeoff from Kurnool, Covid vaccination injecting confidence in the times of second wave besides other events during the month.
It was a landslide for YSRCP by clean sweeping all the Municipal Corporations and winning 74 of the 75 Municipalities. The Chief Minister has demonstrated to the world, the Government s commitment to empower weaker sections and women politically by giving 10 of the 11 Mayor posts to them, of which six are women, who now preside over the Municipal Corporations of Vijayawada, Visakhapatnam, Tirupati among others. Of the total 85 posts won, the Chief Minister has given 67 seats to SC, ST, BC and Minorities of which 52 are women. The month has also seen the unfinished job of completing local bodies elections and incumbent SEC retirin
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Dixon Technologies keen to invest in Kopparthi cluster
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Updated:
It has plans to manufacture cellphones, laptops, security equipment and cameras
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Dixon Technologies India Ltd. chairman Sunil Vachani, CEO Pankaj Sharma at a meeting with Y.S. Jagan Mohan Reddy as Industries Minister Mekapati Goutam Reddy looks on.
It has plans to manufacture cellphones, laptops, security equipment and cameras
Dixon Technologies (India) Limited, an electronic manufacturing services provider, has evinced interest in investing in the Kopparthi electron4ic manufacturing cluster in Kadapa district.
A delegation of the company met Chief Minister Y.S. Jagan Mohan Reddy on Tuesday. “It is a good development that the Dixon Technologies has come forward to invest in Kopparthi electronic manufacturing cluster. We assure that the government will extend its support to the companies ready to invest in Andhra Pradesh,” he said.