Dixon, Bharti Enterprises forms JV to manufacture telecom products

Domestic electronics maker Dixon and Bharti Enterprises have agreed to form a joint venture company (JV) which will undertake to manufacture telecom and networking products like modems, routers, set-top boxes, IoT devices, etc.

The said JV company will file necessary applications with the ministry of communications or any other nodal agency to avail benefits under the production-linked incentive scheme (PLI) scheme. Post execution of mutually acceptable agreements by the parties, the JV company will be 74% owned by Dixon and 26% owned by Bharti Enterprises.