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AsiaPac · 1 hrs ago
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 10 Jul 2026 12:01AM 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
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