Tata in Advanced Talks with Pegatron for iPhone Assembly Plant in Tamil Nadu

Tata Group is reportedly in advanced discussions with Pegatron, a Taiwanese electronics company, to establish a joint venture for setting up a second iPhone assembly plant in Tamil Nadu's Hosur city. Tata currently operates a single iPhone assembly plant in Karnataka and completed the acquisition of Wistron's manufacturing facility in the state in November. The joint venture with Pegatron would facilitate Tata's plans to start iPhone manufacturing and support Apple's expansion in India. Pegatron already operates an iPhone assembly plant in Tamil Nadu and is considering a second facility.