Tata Group nears acquisition of majority stake in Pegatron's iPhone manufacturing in India.
Tata Group is reportedly in the final stages of negotiations to acquire a majority stake in Pegatron Corp.'s iPhone manufacturing operations in India, which could be completed by May. This move would deepen Apple's relationship with the influential Indian conglomerate and potentially increase production in the country. Tata Electronics Ltd. is expected to manage Pegatron's operations after the deal is finalized.
April 19, 2024
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