Big news in the tech world! Tata Electronics has just snapped up a 60% controlling stake in the Indian arm of Pegatron, one of Apple’s key assembly partners. This move is part of Tata’s push to ramp up iPhone production in India, and it’s a big deal for the country’s growing tech scene.

Pegatron’s iPhone manufacturing plant, located near Chennai in Tamil Nadu, is now under Tata’s wing. This follows another major deal last year, where Tata took over Wistron’s smartphone assembly business in India. While the exact financial details of the Pegatron deal haven’t been shared, it’s clear Tata is doubling down on its strategy to expand its manufacturing footprint.

Randhir Thakur, CEO of Tata Electronics, shared his excitement, saying, “We’re stepping into a new phase of tech-driven manufacturing as we grow our operations in India.” Tata only started assembling iPhones in India last year, but it’s already becoming one of Apple’s most important partners in Asia as the company looks to diversify its production beyond China.

With this acquisition, Tata is cementing its role in the global tech supply chain, and it’s a win for India’s manufacturing ambitions. Stay tuned for more updates as this story unfolds!