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Tata to acquire 60% stake in Pegatron India operations

Tata’s partnership with Pegatron comes amid Apple's push to diversify its production base outside China, with India poised to contribute 24% of global iPhone production this year—double the previous year’s share. Read more

India's Mobile Manufacturing boom set to create 150K-250K jobs in 12-16 months

Apple, along with its three contract manufacturers in India—Foxconn, Wistron, and Pegatron—alongside domestic player Dixon Technologies, is set to significantly expand its workforce to meet the growing demand both domestically and internationally.Read more

Foxconn partners with HCL Group for Chip Venture in India

This venture, referred to in the industry as OSAT (Outsourced Semiconductor Assembly and Test), follows Foxconn's withdrawal from a previous joint venture with India's Vedanta in July.Read more

Apple's 'Make in India' triumph, exceeds Rs 600 bn iPhone assembly target in FY24 Q1

The data is sourced from reports submitted by the three key vendors—Foxconn, Pegatron, and the recently acquired Wistron by the Tatas—to both the central and state governments.Read more

Tata plans massive iPhone assembly plant in India

The conglomerate already owns an iPhone manufacturing facility, acquired from Wistron Corp, in Karnataka.Read more

Apple's expansion gains momentum with increased investments, stores, manufacturing initiatives

Reports indicate that the Sriperumbudur factory on the outskirts of Chennai is now actively involved in assembling the iPhone 15, which launched and went on sale in September.Read more

Indian smartphone manufacturers struggle with PLI targets, call for scheme extension

While global giants like Foxconn, Wistron, and Samsung have contributed to the success of the PLI scheme, a senior executive from Lava emphasised the need for more time to establish local champions in the manufacturing industry.Read more

US-India trade: Set for a Reset

During Prime Minister Narendra Modi’s recent visit to the US many new initiatives were announced by the two countries.Read more

FDI in manufacturing increases by 76% due to PLI Schemes

PLI Schemes contribute to increase in production, employment generation, and economic growth. Rajesh Kumar Singh, Secretary, DPIIT made announcement on the significant achievements due to PLI in India.Read more

Optiemus Electronics partners with Wistron for making electronic products

OEL will invest Rs 13.5 billion in the next three to five years to increase its plants capacity. It intends to reach revenues of Rs 380 billion within the next three to five years in multiple product segments.Read more

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