Tata Electronics has seen its sales skyrocket to ₹3,802 crore, a ninefold increase, following the acquisition of Wistron’s iPhone assembly plant. The company plans to invest ₹6,000 crore in a new Tamil Nadu facility. Negotiations are ongoing to acquire Pegatron’s India factory as Apple looks to India for high-end iPhone production for the first time.
Apple may be behind 900%-plus jump in this Tata Group firm’s revenue
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