Dixon and Vivo to make phones in India, government gives green signal to joint venture

Dixon-Vivo JV: The Government of India has given the green signal to the joint venture of Dixon Technology and Chinese smartphone company Vivo. Under this, both Dixon and Vivo will jointly set up a smartphone manufacturing company in India. This JV was waiting for a long time to get the green light. The two companies had signed a binding term sheet in December 2024, in which Dixon will have a 51 percent stake and Vivo India will have a 49 percent stake in this joint venture. Work on this project is expected to start by December this year, let's know about it in detail.

Vivo will make phones in India

Joint Venture Brings Many Benefits at Once

India will have many benefits with Dixon and Vivo coming together. The first advantage is that it will increase smartphone manufacturing in the country. On the previous day, the government had reduced basic customs duty on many components used in phones to promote domestic production. With the increase in mobile production, there will be a need for supply chain and new plants, which will create new employment opportunities. Another advantage is that this joint venture will give Dixon a chance to work with a big company like Vivo. Dixon is already a big name in electronic products and now this partnership will help him take his name even further.

users will also benefit

The Dixon-Vivo JV will also directly benefit users. Increasing domestic production means that supply will improve and customers will be able to get new models sooner. Apart from this, some policies of the government can also reduce the cost of making phones, which is also expected to reduce the price of the phone.

Smartphones-TVs and laptops can be cheaper, the government took this big step