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Punjab Infotech
had earlier set up 9 subsidiary companies, 4 joint
sector and 2 assisted sector companies engaged in areas
like Telecommunication Equipments (Multiplexing, Radio,
Large Switching Exchanges to name a few), Nickel Cadmium
Batteries, UPS Systems, High precision Sheet Metal
Components etc.
In Joint/assisted sector projects, the Corporation
normally participates in the equity ranging from 5%-15%
. However, depending on the project it can participate
in the equity upto 49%.
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