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Tata acquires 60% stake in Apple partner Pegatron’s India unit
Tata Electronics has acquired a 60% controlling stake in the Indian arm of Apple assembly partner, Pegatron, as the conglomerate expands its iPhone
Tata Electronics has acquired a 60% controlling stake in the Indian arm of Apple assembly partner, Pegatron, as the conglomerate expands its iPhone manufacturing capacity in the country. “We look forward to a new era of AI, digital and technology-led manufacturing as we bring up these new facilities and expand our operations in India,” Randhir Thakur, CEO & MD of Tata Electronics, said in a statement. Tata, which began assembling iPhones in India just last year, is quickly emerging as one of Apple’s most important partners in Asia as the tech giant works to expand its manufacturing base outside of China.
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