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India's Tata Group aims to buy another iPhone manufacturing plant

Tuesday April 9, 2024. 11:59 AM , from AppleInsider
India's Tata Group aims to buy another iPhone manufacturing plant
Pegatron is reportedly nearing a deal to sell the Tata Group a controlling stake in its iPhone facility in Tamil Nadu, India.Pegatron facility (Source: Pegatron)Following its outright purchase of Wistron's iPhone plant in India's southwestern state of Karnataka, the Tata Group is poised to take control of a similar facility now owned by Pegatron.According to Reuters, Pegatron and the Indian conglomerate Tata are in advanced talks. If completed as expected, the Tata Group would control at least 65% of the plant near Chennai city in Tamil Nadu, around 180 miles to the east of the ex-Wistron facility. Continue Reading on AppleInsider | Discuss on our Forums
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https://appleinsider.com/articles/24/04/09/indias-tata-group-aims-to-buy-another-iphone-manufacturin...

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