PLI scheme: Dixon to invest upto Rs 250 crore to make telecom products with Bharti in Punjab

NEW DELHI: Indian electronics manufacturer Dixon Technologies will invest Rs 200-Rs 250 crore to start telecom equipment manufacturing in partnership with Bharti Enterprises under the production incentive-linked (PLI) scheme.

Dixon has applied for the scheme through its subsidiary which will form a joint venture with Bharti Enterprises to start production of customer-provided equipment (CPE) through their manufacturing unit in Punjab.

“We have applied for the scheme. We are excited to be looking at the opportunity to get into telecom manufacturing. We are partnering with Bharti for CPE devices and other telecom products in future. We are looking forward to an early announcement from the DoT,” Dixon Technologies executive chairman Sunil Vachani told ET.