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.