Bharti Enterprises Partners with Dixon Technologies to Make Telecom Gears
The Production Linked Incentive scheme is one of the biggest flagship bets by the central government in recent times when it comes to electronics manufacturing.
Sunil Vachani, Dixon Technologies Executive Chairman, said that the company is looking forward to this opportunity and is excited. Dixon Technologies is planning to invest Rs. 200 to Rs. 250 crores to begin telecom equipment manufacturing in India.
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 the future. We are looking forward to an early announcement from the DoT," said Vachani.
The company has joined hands with Bharti Enterprises under the production incentive-linked (PLI) scheme. Notably, both companies will start producing customer-provided equipment (CPE) in Punjab.
Coral Telecom, Tejas Network, HFCL, VVDN, and Dixon are applying under the PLI Scheme. Notably, the Government has come up with new guidelines for telecom and networking equipment manufacturers and the IT hardware manufacturing sector.
Optiemus Electronics said that it will start production under the scheme. The company has recently received from the Government.
"We firmly believe this scheme will enable us to be competitive in manufacturing of these products in India for domestic and export requirements. India holds immense potential in electronics manufacturing and this scheme has the potential to act as a catalyst in achieving our Prime Minister's vision of 'Atmanirbhar Bharat'," said A. Gururaj, Managing Director, Optiemus Electronics Limited.
Besides Optiemus Electronics, other companies such as Wistron, Foxconn, Dell, Lava, Dixon, and more have been approved under the same scheme. The PLI scheme for IT Hardware covers personal computers, laptops, tablets, and servers.
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