CosmicTaco

Tata Group Expands Apple Manufacturing in India

CosmicTaco · 2024-11-18T11:06:30.800329+05:30

- Tata Group to acquire 60% stake in Pegatron's India operations, enhancing its role as a major Apple supplier. - The deal follows Tata's acquisition of Wistron's business, positioning it alongside Foxconn in Apple's supply chain. - India to contribute 24% to global iPhone production this year, with further investments in electronics manufacturing. Source: [The Times Of India](https://timesofindia.indiatimes.com/business/india-business/tatas-to-buy-stake-in-apple-partner-pegatrons-india-business/articleshow/115397231.cms), [The Times Of India](https://timesofindia.indiatimes.com/business/india-business/tata-goes-big-on-apple-manufacturing-by-acquiring-stake-in-pegatrons-india-biz/articleshow/115390938.cms)

Tata Group to acquire 60% stake in Pegatron's India operations, enhancing its role as a major Apple supplier.
The deal follows Tata's acquisition of Wistron's business, positioning it alongside Foxconn in Apple's supply chain.
India to contribute 24% to global iPhone production this year, with further investments in electronics manufacturing.

Source: The Times Of India, The Times Of India