Topic
vivo
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.
Manufacturing Dixon Technologies and Vivo Receive Approval for Smartphone Manufacturing Joint Venture in India
The Indian government has approved a joint venture between Dixon Technologies (51%) and Vivo Mobile India (49%) to manufacture smartphones and other electronic devices in India. The venture will operate as an OEM, initially handling Vivo's production orders but also manufacturing for other brands. This approval comes under tightened scrutiny of Chinese investments in India.