TATA Is Emerging As ‘India’s Foxconn’ In Apple’s New Supply Chain
TATA Group is positioning itself as a significant player in Apple’s supply chain, akin to Foxconn, by acquiring a majority stake in Pegatron’s iPhone manufacturing facility in Tamil Nadu. This strategic move, announced on November 20, 2024, involves TATA obtaining a 60% stake in Pegatron’s plant, which is responsible for producing approximately 5 million iPhones annually and employs around 10,000
TATA Group is positioning itself as a significant player in Apple’s supply chain, akin to Foxconn, by acquiring a majority stake in Pegatron’s iPhone manufacturing facility in Tamil Nadu. This strategic move, announced on November 20, 2024, involves TATA obtaining a 60% stake in Pegatron’s plant, which is responsible for producing approximately 5 million iPhones annually and employs around 10,000
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