Vivo India and Dixon Technologies have formed a joint venture for smartphone manufacturing. Dixon Technologies will hold a 51% stake in the new entity. This partnership received government approval under Press Note 3 of 2020. Operations are expected to begin in the December quarter of this fiscal year. The joint venture aims to produce millions of smartphone units annually.
from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/consumer-durables-and-information-technology/mobiles/vivo-receives-govts-nod-to-form-jv-with-dixon-technologies-to-manufacture-smartphones/132301138
from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/consumer-durables-and-information-technology/mobiles/vivo-receives-govts-nod-to-form-jv-with-dixon-technologies-to-manufacture-smartphones/132301138