Tata Electronics eyes Foxconn turf with Pegatron India revamp

Tata Electronics has rebranded Pegatron Technology India and reshuffled its top management as it strengthens its position as a major supplier of Apple iPhones and components, emerging as a key competitor to Taiwanese electronics giant Foxconn.

According to an informed source, the company has renamed Pegatron Technology India as Tata Electronics Products and Solutions Private Ltd, reflecting the Tata Group’s majority ownership in the joint venture. Tata Electronics, a wholly-owned subsidiary of Tata Sons, has also inducted its top leadership into the board of the rebranded entity,