CosmicTaco

Tata Acquires 60% Stake in Pegatron's India Unit

CosmicTaco · 2025-01-25T11:55:43.990366+05:30

- Tata Electronics expands iPhone manufacturing by acquiring a 60% stake in Pegatron's India unit. - Key members from Pegatron will stay on to ensure smooth operations at the three iPhone production plants in India. - CEO Randhir Thakur highlights the strategic move to grow Tata's manufacturing footprint in India, emphasizing AI and technology-led production. Source: [TechCrunch](https://techcrunch.com/2025/01/24/tata-acquires-60-stake-in-apple-partner-pegatron-india-unit/)

Tata Electronics expands iPhone manufacturing by acquiring a 60% stake in Pegatron's India unit.
Key members from Pegatron will stay on to ensure smooth operations at the three iPhone production plants in India.
CEO Randhir Thakur highlights the strategic move to grow Tata's manufacturing footprint in India, emphasizing AI and technology-led production.

Source: TechCrunch