India clears Dixon-Vivo JV for domestic smartphone manufacturing
Workers assemble electronic parts at a Dixon Technologies facility in Noida, India, May 20, 2025. REUTERS/Priyanshu Singh
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July 9 : Dixon Technologies said on Thursday the Indian government had approved its joint venture with Chinese smartphone maker Vivo Mobile, clearing the way for the companies to set up a smartphone manufacturing company in India.
• The joint venture will be owned 51 per cent by Dixon and 49 per cent by Vivo Mobile India
• Large investments by Chinese companies in Indian ventures draw tougher scrutiny under domestic regulations. Such investments typically require senior-level government clearance under rules that govern investments from nations sharing a land border with India
• The venture will manufacture smartphones and other electronic devices as an original equipment manufacturer in India and will undertake Vivo’s smartphone production orders.
• The joint venture will also be able to manufacture electronic products for other brands, Dixon said.
Source: Reuters
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