Tata in Talks to Buy Pegatron’s iPhone Operations as Soon as May
- Apple is accelerating output in India in shift away from China
- Tata is expanding swiftly as Apple’s assembly partner in India
The potential agreement comes as Apple is accelerating its efforts to boost output in India.
Photographer: Carsten Koall/Getty ImagesThis article is for subscribers only.
Follow Bloomberg India on WhatsApp for exclusive content and analysis on what billionaires, businesses and markets are doing. Sign up here.
Tata Group may strike a deal to take control of Pegatron Corp.’s iPhone manufacturing operations in India as soon as May, cementing Apple Inc.’s relationship with one of the country’s most influential conglomerates.