Consumer Electronics #vivo#dixon
Vivo-Dixon JV: Government Approval Sets Template for Chinese Smartphone Makers in India
India has approved a manufacturing joint venture between China's Vivo and Dixon Technologies, first announced in December 2024. Dixon will hold 51% and Vivo 49%, acquiring certain manufacturing assets. The venture could add 20-22 million smartphones annually to Dixon's volumes, serving as a template for Chinese phone makers navigating India's foreign investment framework.
Jul 11, 2026 1 source