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This move strenthen Tata group’s position as a key player in Apple's supply chain, expanding from salt and steel production ...

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Tata Electronics secures control of Pegatron's iPhone plant in India, boosting its role in Apple's global supply chain amid growing tensions with China.

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

As part of the agreement, Tata Electronics will secure a 60 per cent ownership in the Tamil Nadu-based iPhone manufacturing ...