In a boost to Make-In-India push, a subsidiary of Dixon Technologies has entered into an agreement with global telecommunications company Nokia for the development and manufacturing of telecom products, the Indian company said in an exchange filing on May 7.
Dixon Electro Appliances Private Limited (DEAPL) has entered into a deal with Nokia Solutions and Networks OY, which is a supplier of sophisticated communications equipment and connectivity solutions, for the manufacturing of the products, the filing said.
The devices will be manufactured at DEAPL’s Noida facility in Uttar Pradesh, the statement said.
Also read: Dixon subsidiary Padget Electronics ties up with Longcheer for smartphone production
Atul B Lall, vice chairman and managing director, Dixon Technologies (India) said, “We are ecstatic to announce that we have partnered with an iconic brand ‘Nokia’ for undertaking development and manufacturing of Telecom products.”
Lall also added that the association will give a strong impetus to India’s manufacturing competitiveness. “We are honored to be associated with Nokia brand and we aspire to take forward their legacy of high quality, commitment, ethics and trust. There is tremendous scope and potential in the Telecom product’s market and it’s gratifying that Nokia has partnered with Dixon for its Telecom products segment,” he said.
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
