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Tata seals deal with Pegatron for iPhone plant in India's Tamil Nadu, sources say
India's Tata Electronics has agreed to buy a majority stake in Taiwanese contract manufacturer Pegatron's only iPhone plant in India, forming a new joint venture that strengthens Tata's position as an Apple supplier,
Tata Electronics acquires Pegatron's iPhone plant in Tamil Nadu
Tata Electronics has acquired a majority stake in Pegatron's only iPhone manufacturing facility in Tamil Nadu. The move makes Tata a major supplier for Apple. The deal was announced internally last week,
Tata seals deal with Pegatron for iPhone plant in Tamil Nadu: Report
Tata has been aggressively expanding its presence in the iPhone production ecosystem, challenging Foxconn, the only other major contract manufacturer for Apple in India.
Tata Electronics to buy majority stake in Pegatron for its iPhone manufacturing plant in Tamil Nadu: Report
Last year, Tata Group had acquired Taiwan’s Wistron plant in Karnataka, and the company is also building another plant in Hosur in Tamil Nadu. For Tata, the Chennai Pegatron plant will bolster its iPhone manufacturing plans.
Tata to buy majority stake in Pegatron for its iPhone plant in Tamil Nadu
Under the deal announced internally last week, Tata will hold 60 per cent and run daily operations under the joint venture, while Pegatron will hold the rest and provide technical support
Tata seals deal with Pegatron for iPhone plant in Tamil Nadu, sources say
Tata Electronics will acquire a majority stake in Pegatron's iPhone manufacturing plant in India. The deal will create a new joint venture, with Tata holding 60% and Pegatron holding 40%. This move strengthens Tata's position as an Apple supplier.
1h
Textile mill worker from Odisha arrested for murdering six-year-old boy near Tiruppur in Tamil Nadu
The police have arrested an employee of a textile mill at Karanampettai in Tiruppur district, Tamil Nadu, on the charge of ...
2h
on MSN
Tamil Nadu airport expansion: Madurai villagers protest land acquisition, over 1000 cops deployed
Over 1,000 police were deployed to Chinna Udaippa village in Tamil Nadu, India, as villagers protested against a land ...
Oneindia
17h
Tamil Nadu Health Minister Ma Subramanian Promises Stringent Action Following Deaths of Two Children in Chennai
Tamil Nadu Health Minister Ma Subramanian pledges strict measures if prohibited chemicals caused the tragic deaths of two ...
devdiscourse
17h
Tragic Consequences of Rodenticide Exposure in Tamil Nadu: A Family's Ordeal
In Tamil Nadu, the use of prohibited chemicals for rodent control allegedly led to the deaths of two children and the ...
7h
on MSN
Tamil Nadu: Encroachments on two lakes in Katpadi: WRD tears down 75 houses
VELLORE: Officials from the Water Resources Department (WRD) razed around 75 of 230 houses for encroaching upon the ...
4h
Petrol bomb attack during Sivakarthikeyan and Sai Pallavi starrer 'Amaran' screening in Tamil Nadu
A petrol bomb attack occurred during the screening of 'Amaran' in Tamil Nadu, starring Sivakarthikeyan and Sai Pallavi.
devdiscourse
21h
Tragedy in Tamil Nadu: Rodenticide Claims Young Lives
Two children tragically died after allegedly inhaling a prohibited rodenticide used during pest control in Tamil Nadu. Their ...
9h
on MSN
Tamil Nadu: Land given to descendants of Kattabomman sold illegally
THOOTHUKUDI: Several acres of ‘assigned patta land’ given by the Tamil Nadu government to the descendants of Veerapandiya ...
India Today on MSN
3h
Video: Gang snatches batons from Tamil Nadu cops, beats them up
The two police officers responded to a complaint at the Tamil Nadu State Marketing Corporation's (TASMAC) liquor shop on ...
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