Tata Electronics Pvt Ltd (TEPL) has strengthened its presence in India’s electronics manufacturing sector by acquiring a 60% stake in Pegatron Technology India. Commenting on the acquisition, Dr. Randhir Thakur, CEO and MD of Tata Electronics, stated that acquiring a majority stake in Pegatron Technology India aligns with Tata Electronics’ strategy of expanding its manufacturing footprint. As part of the acquisition, Tata Electronics and Pegatron Technology India will collaborate to integrate their teams, ensuring seamless operations and synergy in production. Additionally, Pegatron Technology India will undergo rebranding to align with its new ownership structure while continuing to deliver high-quality electronics manufacturing services. This expansion follows Tata Electronics’ acquisition of Wistron's India operations in March 2024, underscoring the Tata Group’s focus on strengthening its foothold in electronics manufacturing. N Chandrasekaran, Chairman of Tata Sons, has been leading the group’s vision of making significant investments in the sector, with a strong emphasis on AI, digital transformation, and advanced manufacturing capabilities. This strategic move enhances Tata Electronics’ position as a key player in the industry, reinforcing its commitment to advanced technology and large-scale manufacturing. He emphasized that the company is looking forward to a new era of AI, digital, and technology-led manufacturing as it continues to scale operations in India. #TataElectronics #PegatronTechnologyIndia #ElectronicsManufacturing #MakeInIndia #Manufacturing #TechInnovation #DigitalTransformation #IndianIndustry #AI #BusinessExpansion #cxolanes
