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.