Tata Electronics Acquires Majority Stake in Pegatron Technology India, Strengthening India’s Electronics Manufacturing Sector
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Chinmay
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January 30, 2025
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News
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AI in manufacturing, Digital Transformation, Electronics Manufacturing, India tech growth, industrial expansion, Pegatron, Semiconductor Industry, supply chain localization, Tata Electronics, Tata Group, Wistron
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Tata Electronics Private Limited (TEPL) has taken a significant step in India’s electronics manufacturing industry by acquiring a 60% controlling stake in Pegatron Technology India Private Limited (PTI). This move comes less than a year after Tata Electronics’ acquisition of Wistron’s India operations in March 2024, reinforcing Tata Sons Chairman N Chandrasekaran’s vision for substantial investments in the electronics sector. …
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Tata Strengthens Position as Apple Supplier with Pegatron Deal for Tamil Nadu iPhone Plant
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Chinmay
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November 18, 2024
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News
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Apple, Competition Commission of India, Foxconn, India electronics, IoT manufacturing, iPhone manufacturing, Pegatron, supply chain diversification, Tamil Nadu, Tata Electronics
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India’s Tata Electronics has taken a significant step toward becoming a key player in Apple’s supply chain by acquiring a majority stake in Pegatron’s iPhone manufacturing plant in Tamil Nadu. The move marks a milestone in Tata’s rapid expansion into the lucrative iPhone production market, solidifying India’s position as a growing hub for Apple manufacturing. The joint venture, announced internally …
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India’s Electronic Manufacturing Services Market Set to Reach $72.2 Billion by FY27, Driven by Government Initiatives
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Hrishikesh
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August 28, 2024
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India, News
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Amber Enterprises, Apple, Component Manufacturing, Dixon Technologies, Electronic Manufacturing Services, Electronics Production, EMS Market, Foxconn, FY27, Global Value Chains, Government Initiatives, Growth, GVC, india, Industrial Infrastructure, investment, market leadership, NITI Aayog, Pegatron, PLI, Production Linked Incentive, samsung, Semicon India, Technology Transfer
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India’s electronic manufacturing services (EMS) market is on a robust growth trajectory, expected to surge from $17.5 billion in FY22 to $72.2 billion by FY27, reflecting a compound annual growth rate (CAGR) of 32%, according to a recent report by Motilal Oswal Financial Services. This remarkable expansion is fueled by a series of government initiatives aimed at boosting the domestic …
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