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Dixon, Bharti to form JV; eye PLI-scheme for making telecom products

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.

Deven khannaSaurabh guptaJv companyDixon electro appliances privateBharti enterprisesMinistry of communicationsDixon technologiesElectro appliances private limitedGroup directorதேவேந் கண்ணாச ura ரப் குப்தாஜுவ் நிறுவனம்டிக்சன் எலக்ட்ரோ உபகரணங்கள் ப்ரைவேட்பாரதி நிறுவனங்கள்அமைச்சகம் ஆஃப் தகவல்தொடர்புகள்டிக்சன் தொழில்நுட்பங்கள்

Bharti, Dixon form JV to manufacture telecom gear, to apply for PLI

Bharti, Dixon form JV to manufacture telecom gear, to apply for PLI SECTIONS Last Updated: Apr 07, 2021, 11:40 AM IST Share Synopsis Home-bred electronics maker Dixon Technologies will form a joint venture with Bharti Enterprises to manufacture telecom and networking products. Agencies 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

Deven khannaSaurabh guptaJv companyDixon electro appliances privateBharti enterprisesMinistry of communicationsDixon technologiesElectro appliances private limitedReliance jioGroup directorதேவேந் கண்ணாச ura ரப் குப்தாஜுவ் நிறுவனம்டிக்சன் எலக்ட்ரோ உபகரணங்கள் ப்ரைவேட்பாரதி நிறுவனங்கள்அமைச்சகம் ஆஃப் தகவல்தொடர்புகள்

Bharti Enterprises, Dixon form JV to manufacture telecom, networking products under PLI Scheme

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.

Deven khannaSaurabh guptaDixon electro appliances privateDixon technologies indiaBharti enterprisesMinistry of communicationsDixon technologiesWith dixonGroup directorDixon electro appliances private limitedChief financial officerதேவேந் கண்ணாச ura ரப் குப்தாடிக்சன் எலக்ட்ரோ உபகரணங்கள் ப்ரைவேட்டிக்சன் தொழில்நுட்பங்கள் இந்தியாபாரதி நிறுவனங்கள்

Dixon-Bharti Enterprises JV to seek PLI for telecom, networking products

Dixon-Bharti Enterprises JV to seek PLI for telecom, networking products
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Deven khannaAtmanirbhar bharatSaurabh guptaDixon electro appliances privateBharti enterprises ltdBharti enterprisesMinistry of communicationsDixon groupDixon technologiesDixon electro appliances private limitedWith dixonGroup directorதேவேந் கண்ணாச ura ரப் குப்தாடிக்சன் எலக்ட்ரோ உபகரணங்கள் ப்ரைவேட்பாரதி நிறுவனங்கள் லிமிடெட்

Dixon-Bharti Enterprises JV to seek PLI for telecom, networking products

Dixon-Bharti Enterprises JV to seek PLI for telecom, networking products
businesstoday.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businesstoday.in Daily Mail and Mail on Sunday newspapers.