Tata Iphone India: Pegatron is in talks to transfer control of its iPhone manufacturing facility in India to the Tata Group, aiming to establish a joint venture with Tata Electronics holding at least a 65% stake. This move aligns with Apple s diversification strategy amid geopolitical tensions, strengthening Tata s position in iPhone manufacturing in India.
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India Business News: Tata Electronics to acquire majority stake in Pegatron India for iPhone manufacturing, boosting Apple ties. Investment in Tamil Nadu facility and Luxs
Mumbai: Tata Electronics is in an advanced stage to take control of Taiwanese company Pegatron’s India unit as it looks to expand its electronics manu.