The purchase comes after TEPL’s acquisition of Wistron’s India operations at Narsapura, Karnataka less than a year ago in March

In FY24, iPhone exports from India hit the $10-billion mark. In the current fiscal, it has reached 70% of last year’s exports within the first seven months.

Tata Electronics said on Friday it has bought a 60% stake in Taiwanese contract manufacturer Pegatron's India unit that operates an iPhone plant, beefing up the Tata group firm's position as an Apple supplier in a fast growing market.

Tata Electronics bought a 60% stake in Pegatron’s Indian plants, Nikkei Asia reported Friday. According to industry sources, the transaction covers Pegatron’s three iPhone assembly plants, key managers,

Pegatron India, a subsidiary of the Taiwanese firm Pegatron Corporation, specialises in providing electronics manufacturing services (EMS) to major global companies such as Apple, with exports spanning North America, Asia, and Europe.

Tata Electronics has acquired a 60% controlling stake in the Indian arm of Apple assembly partner Pegatron as the conglomerate expands its

This comes as Tata Electronics is trying to move beyond supplying only to Apple. ET reported that the company is in talks with Xiaomi and Oppo to begin contract manufacturing for the Chinese smartphone companies.

Tata Electronics Pvt Ltd has acquired a 60% stake in Pegatron's India unit, reinforcing its position in Indian electronics manufacturing. Pegatron India, a Pegatron Corporation subsidiary, provides electronics manufacturing services.

In a fillip to the government’s ‘Make in India’ initiative, Tata Electronics on Friday acquired a controlling 60 per cent stake in Pegatron Technology India, which produces Apple products like

Pegatron Technology India will undergo rebranding to reflect its new ownership structure and business direction,' says Tata Electronics