The acquisition will result in a joint venture, in which Tata will own 60% and Pegatron will have 40% interest.

India's Tata Electronics has agreed to buy a majority stake in Taiwanese contract manufacturer Pegatron's only iPhone plant ...

India’s Tata Electronics will acquire a majority stake in Taiwanese contract manufacturer Pegatron’s sole iPhone plant in ...

India's Tata Electronics is reportedly buying a 60 percent stake in Taiwan-based Pegatron's only India iPhone facility, ...

Tata Electronics will now own a 60 percent stake with Pegatron holding the balance in a joint venture operating the facility, ...

The Chennai plant, which employs around 10,000 workers and manufactures over 5 million iPhones annually, will become Tata’s ...

As Apple diversifies its supply chain beyond China, India is set to produce up to 25 per cent of the iPhones shipped this ...

Tata Electronics has reportedly agreed to acquire a majority stake in Pegatron’s only iPhone manufacturing plant in India.

According to the first source, the deal being sealed was made known at the iPhone plant internally on November 15 (Friday).