The acquisition will result in a joint venture, in which Tata will own 60% and Pegatron will have 40% interest.

This move strenthen Tata group’s position as a key player in Apple's supply chain, expanding from salt and steel production ...

This deal will enhance Tata's iPhone manufacturing operations, as the company already operates a plant in Karnataka. Tata ...

The Chennai plant, which employs around 10,000 workers and manufactures over 5 million iPhones annually, will become Tata’s ...

Tata Electronics will now own a 60 percent stake with Pegatron holding the balance in a joint venture operating the facility, ...

Tata Electronics and Taiwanese electronics manufacturer Pegatron Corporation have, reportedly, reached an agreement under ...

Tata Electronics secures 60% stake in Pegatrons iPhone plant in Tamil Nadu, enhancing its role as an Apple supplier amid ...

Reports earlier this year suggested that Pegatron had Apple’s backing for the transaction as the Taiwanese company scaled ...

The plant, which has around 10,000 employees and makes 5 million iPhones annually, will be Tata's third iPhone factory in India.

Tata Electronics has reportedly agreed to acquire a majority stake in Pegatron’s only iPhone manufacturing plant in India.

As Apple diversifies its supply chain beyond China, India is set to produce up to 25 per cent of the iPhones shipped this ...

This deal strengthens Tata’s position as an Apple supplier and aims to enhance iPhone manufacturing in India amid Apple’s ...