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Dixon Gets Government Approval for Long-Delayed Joint Venture With China's Vivo
mint - companies·Saturday, 11 July 2026
The Indian government has approved Dixon Technologies' joint venture with Chinese smartphone maker Vivo, 18 months after the deal was first proposed. Dixon will hold a 51% stake in the venture. The arrangement will also see Dixon operate as an original equipment manufacturer, which means it could eventually build its own smartphone brand or assemble phones for other clients.
Why It Matters
This approval matters for India's push to become a global smartphone manufacturing hub. It also signals that the government is cautiously allowing Chinese tech investment back into India under certain conditions.
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