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

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.

Tata Electronics said on Friday it will acquire a majority 60% stake in Pegatron Technology India to grow its manufacturing footprint. (Reporting by Ashna Teresa Britto) Copyright 2025 Thomson Reuters.

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.