Vivo's India bet with Dixon gets govt nod
Chinese smartphone brand Vivo Mobile India on Wednesday received the long-pending government approval to form a joint-venture partnership with homegrown smartphone manufacturer Dixon Technologies for manufacturing of smartphones. Both companies had signed a binding term sheet in December 2024 under which the electronics manufacturer will hold 51% of the share capital, while Vivo India will have 49% share.The joint-venture was pending government approval under the Press Note 3 of 2020 which mand…



