Dixon-Vivo forge 51:49 JV for smartphone OEM manufacturing; Paytm eyes RBI nod to revive wallet
Dixon Technologies deepens its Android ecosystem play via a 51:49 JV with Vivo for smartphone contract manufacturing in India. Meanwhile Paytm pursues RBI approval to relaunch its wallet business through PPSL while expanding operations in Indonesia — twin moves across electronics and consumer payments.
Paytm pursues RBI approval to revive its wallet business via PPSL while expanding in Indonesia. Dixon forms a JV with Vivo (51:49) for smartphone OEM manufacturing in India, strengthening its Android ecosystem foothold — both relevant to Indian consumer payments and electronics retail.