As part of the agreement, Tata will oversee daily operations at the facility, while Pegatron retains a 40% stake and provides technical support. The financial terms of the deal remain undisclosed, and neither Tata, Apple, nor Pegatron have commented publicly on the arrangement.

This acquisition aligns with Apple’s strategy to diversify its supply chain beyond China amid ongoing geopolitical tensions. By partnering with Tata, a trusted name in Indian industry, Apple reinforces its commitment to expanding its manufacturing base in India. The joint venture also underscores Tata Electronics’ growing influence in the global electronics market.

This development follows a broader trend of India emerging as a key hub for high-tech manufacturing. With Tata taking the reins at Pegatron’s iPhone plant, India strengthens its position as a reliable partner for leading global tech companies.

The post Tata Electronics Takes Majority Stake in Pegatron’s India iPhone Plant: A Game-Changer for Apple’s Supply Chain appeared first on Vizag One.