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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 ...

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 ...