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Dixon Technologies and Vivo form a 51-49 joint venture in India to boost local smartphone manufacturing.
Vivo and Dixon Technologies are forming a 51-49 joint venture for manufacturing smartphones and electronics in India, with Dixon holding the majority stake.
This partnership supports India's localization of Chinese investments and aims to boost local manufacturing.
The deal is pending regulatory approval and could enhance Vivo's competitiveness under India's 'Make in India' initiative.
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Dixon Technologies y Vivo forman una empresa conjunta 51-49 en la India para impulsar la fabricación local de smartphones.