Dixon Technologies has inked a pact with Bharti Enterprises to form a joint venture to manufacture telecom and networking products.
As per the terms of the agreement, Dixon’s wholly-owned subsidiary Dixon Electro Appliances 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.
As per Dixon, 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.
