Tata Electronics has acquired a 60% stake in Pegatron’s iPhone manufacturing plant in India. Again in March final 12 months, Tata additionally purchased Wistron’s operations in India, so it is clearly severe about turning into a giant participant in electronics manufacturing in India.
Tata has already been working an iPhone meeting plant in Karnataka, acquired by way of the Wistron acquisition final 12 months, and now it is turning into a good greater participant in Apple’s provide chain. Tata can also be within the strategy of constructing one other iPhone meeting facility in Hosur, Tamil Nadu.
All of this underlines India’s rising significance as a hub for electronics manufacturing.
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