Tata Acquires Stake in Pegatron India - Apple Supply Chain Shift

Tata Electronics Increases iPhone Manufacturing Capacity in India

Tata Electronics has finalized the acquisition of a 60% controlling interest in Pegatron’s Indian operations. This strategic move signifies the conglomerate’s commitment to bolstering its iPhone manufacturing capabilities within the nation.

Pegatron's Indian Presence

Pegatron, a Taiwanese company, currently manages three facilities dedicated to iPhone production across India. One of these plants is strategically located near Chennai, in the southern state of Tamil Nadu.

This acquisition follows closely on the heels of Tata Electronics’ previous purchase of Wistron’s Indian smartphone assembly business less than twelve months ago.

Key Personnel Retention

According to sources familiar with the transaction, crucial personnel from Pegatron – particularly those possessing specialized technical skills and operational knowledge – will remain with the plants post-acquisition.

Financial Details and Strategic Alignment

While the specific financial details of the deal were not publicly revealed by either Pegatron or Tata, Tata Electronics affirmed that the acquisition aligns directly with its broader strategy of expanding its manufacturing presence in India.

“A new phase of AI, digital, and technology-driven manufacturing is anticipated as we establish these new facilities and broaden our operations within India,” stated Randhir Thakur, CEO and Managing Director of Tata Electronics.

Tata's Growing Role with Apple

Having initiated iPhone assembly in India only recently, in the previous year, Tata is rapidly becoming a pivotal partner for Apple in Asia.

This development is occurring as Apple actively seeks to diversify its manufacturing base beyond China.

Looking Ahead

• The acquisition strengthens India’s position as a key manufacturing hub for Apple products.
• Tata Electronics is poised for significant growth in the technology sector.
• Continued investment in skilled personnel will be crucial for sustained success.