Electronics contract manufacturer Dixon Technologies and Chinese mobile phone company Vivo will set up a joint venture for manufacturing of electronic devices, including smartphones, a regulatory filing said on Sunday. Dixon will hold majority stake of 51 per cent in the joint venture and the rest will be held by Vivo India.

Dixon Technologies and Vivo India are set to form a new manufacturing joint venture in India, enhancing local production capabilities for smartphones.

Dixon Technologies and Vivo India have entered into a joint venture to manufacture smartphones under the OEM model, enhancing local production capabilities. The partnership supports the Make in India initiative and aims to strengthen both companies in the competitive electronics market.

Dixon Technologies will hold majority stake of 51% in the joint venture, while vivo India will own 49% shares in the entity.

Limited and Vivo Mobile India Private Limited have entered into a binding term sheet for a proposed joint venture where Dixon will take 51% share and the rest will be with Vivo.

Shares of Dixon Technologies rose nearly 5% to a new all-time high after the company announced it is setting up a joint venture with Chinese smartphone maker Vivo.

Under the agreement, Dixon will hold a majority 51 percent stake in the joint venture, while Vivo India will own the remaining 49 percent. Moneycontrol was the first to report about Vivo’s discussions with Indian contract manufacturers,

Dixon Technologies stock price has given decent returns of over 26.5% in one month and over 66% in six months. The shares have delivered multibagger returns of nearly 190% year-to-date (YTD), and more than 2,

Indian electronics contract manufacturer Dixon Technologies had its share price jump by almost 5% to its highest ever recorded on December 16, 2024. This achiev

Chinese smartphone makers are increasingly looking to bring in Indian partners into their manufacturing operations owing to Government of India's push and regulations to engage local players for produ