The government is set to approve the Dixon-Vivo joint venture this month. Dixon Technologies will hold a majority stake in this new venture. This partnership aims to manufacture electronic devices, including smartphones. Vivo's Noida facility will be integrated into the joint venture. This move will significantly reduce Vivo's operational risks in India.

The government is set to approve the Dixon-Vivo joint venture this month. Dixon Technologies will hold a majority stake in this new venture. This partnership aims to manufacture…

Dixon-Vivo joint venture may get government approval this month, with the partnership set to boost smartphone and electronics manufacturing in India.