Tatas bet big on iPhone, infuse ₹1,500 crore more in electronics business
Kolkata: The Tatas have invested ₹1,500 crore more in Tata Electronics, which manufactures iPhones on contract for Apple, as per its updated regulatory filing with the Registrar of Companies.
The equity investment in October has taken the total capital infusion by group holding company Tata Sons in Tata Electronics to ₹4,500 crore in the past one year.
