- Tata Electronics acquired a 60% controlling stake in the Indian arm of Apple assembly partner Pegatron, which operates three iPhone production plants in India, including one near Chennai.
- Tata, which began assembling iPhones in India last year, is quickly becoming a vital partner for Apple as it expands its manufacturing base outside China.
Tata Electronics has significantly expanded its iPhone manufacturing capacity in India by acquiring a 60% controlling stake in the Indian arm of Apple assembly partner Pegatron. This move strengthens Tata’s position as a key player in Apple’s supply chain in Asia.
Pegatron, a Taiwan-based company, operates three iPhone production plants in India, including one near Chennai in Tamil Nadu. This acquisition follows Tata Electronics’ purchase of Wistron’s Indian smartphone assembly business less than a year ago.
Industry sources indicate that key personnel from Pegatron, including those with technical and operational expertise, will continue to work at the plants, ensuring a smooth transition and continuity of operations.
While the financial details of the deal have not been disclosed, Tata has stated that the acquisition aligns with its broader strategy of expanding its manufacturing footprint across India.
“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,”
said Randhir Thakur, CEO and managing director of Tata Electronics.
The acquisition comes at a time when Apple is actively diversifying its manufacturing base beyond China to mitigate risks and enhance supply chain resilience. Tata, which only began assembling iPhones in India last year, has rapidly emerged as one of Apple’s most critical partners in the region.
Edited by Harshajit Sarmah
