Dixon Tech to shape JV with Rexxam

Dixon Tech to shape JV with Rexxam

by admin- Tuesday, August 10th, 2021 04:15:21 PM

Dixon Technologies has entered into Memorandum of Understanding (MOU) with Rexxam Co., Ltd. (Rexxam) to shape a Joint task (JV). The said JV Company will adopt manufacturing of Printed Circuit Boards for Air-Conditioners (“PCB”) for home and international marketplace and additionally proposes to report vital programs with Department for Promotion of Industry and Internal Trade (DPIIT) or some other nodal employer to avail advantages under the PLI Scheme of Government of India. Post execution of at the same time perfect agreements by using the parties, the JV Company might be 60% owned by means of Rexxam & forty% owned by Dixon.

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