The smartphone PLI scheme has also been a significant employment driver. Since its launch, it has created nearly 3 lakh ...

India's Tata Electronics has agreed to acquire a majority stake in Pegatron's iPhone manufacturing facility in India, ...

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

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

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

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

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

Tata Group to Acquire Stake in Apple Partner Pegatron's India Business - Tata Group is set to acquire the India operations of ...

Under the agreement, Tata will hold a 60% stake in the plant and oversee daily operations, while Pegatron will retain the ...

The smartphone exports in terms of value in the first seven months of the current fiscal year surpassed $10.6 billion, ...

Under the deal announced internally last week, Tata will hold 60% and run daily operations under the joint venture, while Pegatron will hold the rest and provide technical support, two sources told ...