In a significant move to expand its presence in the Indian electronics market, Tata Electronics, a division of the Tata Group, has acquired a 60% stake in the Chennai-based Pegatron Technology India Company.

Tata Electronics has acquired a second iPhone manufacturing unit in India. This follows the acquisition of Wistron’s India operations, located in Narsapura, Karnataka, less than a year ago in March 2024.

As part of the agreement, TEPL and PTI will integrate their operations and teams to create a seamless and collaborative ecosystem. The transition will also see PTI undergo a rebranding process to reflect its new ownership and strategic direction.

Tata Electronics said on Friday it has bought a 60% stake in Taiwanese contract manufacturer Pegatron's India unit that operates an iPhone plant, beefing up the Tata group firm's position as an Apple supplier in a fast growing market.

Tata Electronics Pvt Ltd has acquired a 60% stake in Pegatron Technology India, solidifying its presence in India's electronics sector. This move aligns with the Tata Group's strategic growth in technology manufacturing,

Tata Electronics has acquired a 60% controlling stake in the Indian arm of Apple assembly partner, Pegatron, as the conglomerate expands its iPhone

Tata Electronics has acquired a 60% stake in Pegatron's India unit, which operates an iPhone plant in Tamil Nadu. This acquisition positions Tata Electronics as a significant Apple supplier in India.