Tata Electronics Private Limited (TEPL) announced on January 24 the acquisition of a controlling 60% stake in Pegatron Technology India Private Limited (PTI). This strategic move comes less than a year after Tata Electronics acquired Wistron’s India operations in Narsapura Karnataka in March 2024. The acquisition underscores Tata Sons’ Chairman N Chandrasekaran’s vision of driving significant investments in electronics manufacturing within the Tata Group. The deal positions TEPL as a leading force in Indias electronics manufacturing sector. As part of the acquisition TEPL and PTI will integrate their teams to streamline operations. Pegatron Technology India will undergo rebranding to align with its new ownership structure and strategic business direction. Despite the transition PTI will continue to provide high-quality electronics manufacturing services to its clients. Tata Electronics Acquisition Of Pegatron India  Pegatron India previously a subsidiary of Taiwan-based Pegatron Corporation is a prominent player in electronics manufacturing services (EMS) serving global companies like Apple and exporting products to North America Asia and Europe. Randhir Thakur CEO and MD of Tata Electronics remarked The acquisition of a majority stake in Pegatron Technology India Private Limited fits into Tata Electronics’ strategy of growing our manufacturing footprint. We look forward to a new era of AI digital and technology-led manufacturing as we bring up these new facilities and expand our operations in India. TEPL a wholly-owned subsidiary of Tata Sons specializes in manufacturing high-precision components for major clients. Through its subsidiary Tata Electronics Systems Solutions formerly Wistron Infocomm Manufacturing (India) TEPL also provides electronics manufacturing services for smartphones. This acquisition follows earlier discussions between Tata Electronics and Pegatron India in April 2024. In November 2023 Tata Electronics acquired Wistron’s iPhone manufacturing unit in Bangalore for $125 million.