Tata Electronics acquires 60% in Pegatron Tech

Tata Electronics on Friday said it has acquired a 60% stake in Pegatron Technology India, which manufactures Apple products at its plant near Chennai. Tata Electronics had earlier acquired the operations of Wistron India, also an Apple contract manufacturer, in March 2024.

The two acquisitions will help Tata to strengthen its foray into electronics manufacturing. The company will now have two plants in Tamil Nadu and Karnataka.