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Apple to make homes in India: Apple is strengthening its presence in India by investing in employee housing through its suppliers like Foxconn, Tata, and Salcomp. This move shows Apple's commitment to India and mirrors its successful housing model in China. As Apple expands its roots in India, it poses a challenge to China's dominance in electronics exports.
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.
TECH NEWS News: Pegatron in talks to transfer iPhone plant in India to Tata, backed by Apple. Tata to hold 65% stake in Chennai joint venture. Deal reflects Apple's s
Under the deal, which has received the backing of Apple, Tata plans to hold at least a 65% stake in a joint venture that will operate the Pegatron plant near Chennai, said a report