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Tata, Pegatron discuss iPhone assembly in Tamil Nadu
The Business Guardian
|February 03, 2024
Tata Group is in advanced talks with Taiwan’s Pegatron to form a partnership to run an iPhone assembly plant the Indian company is building in the southern state of Tamil Nadu, two sources with direct knowledge of the matter said on Thursday.
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Tata is building the iPhone assembly plant in Hosur city, which will be its second such facility in the country. The move comes as Apple and its contract manufacturers are rapidly expanding their India operations.
Tata is in talks to form a joint venture with Pegatron for the Hosur plant - its first such initiative - that would help speed up its plans to start manufacturing, said the two sources, who declined to be named as the talks are private and the deal has not been closed.
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