Tata Electronics Picks Up 60% Stake In Pegatron India

Tata Electronics has acquired a 60% stake in Pegatron India, a subsidiary of Taiwan-based Pegatron. The move is aimed at strengthening Tata’s presence in the electronics manufacturing sector. Pegatron India manufactures components for companies such as Apple and other global tech giants. The acquisition is part of Tata Electronics’ strategy to expand its capabilities and increase local manufacturing capacity in India. It will help the company meet the growing demand for electronics in India while aligning with the government’s “Make in India” initiative.