Tata Group is in talks to strike a deal to take control of Pegatron Corp.’s iPhone manufacturing operations in India as early as May.
Tata Group is in the final stages of negotiations with Pegatron to take a majority stake in the Taiwanese firm’s Apple handset assembly operations in India. They include an iPhone production plant near Chennai and another one under construction.
As per sources, Pegatron will help Tata with manufacturing expertise after the deal.
With government incentives, Apple is increasing its production in India. The company is focusing on reducing its dependence on China for a more diversified supply chain and manage geopolitical risks effectively.
The Modi government came up with production-linked incentives in order to boost Apple suppliers like Foxconn Technology Group from Taiwan and Pegatron to increase manufacturing in India.
was reported that Apple Inc. is having advanced discussion with Murugappa Group and Tata Group's Titan Company to produce sub-components for iPhone camera modules.
At present, there are no Indian suppliers for Apple iPhone’s camera module. The deal with Titan or Murugappa Group would be a first. The decision on the partner is expected to be finalized in the next five to six months.
The Apple iPhone camera module is known for its advanced technology and capabilities. The non-Pro models typically come with a dual camera system, which usually includes a wide-angle lens and an ultra-wide-angle lens. On the other hand, the Pro models feature a more sophisticated triple camera setup, which includes a wide-angle lens, an ultra-wide-angle lens, and a telephoto lens. This triple camera system allows users to capture a wider range of shots and offers more versatility in terms of zooming capabilities.
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