Tata Electronics acquires 60% stake in Pegatron Technology

Tata Electronics on Friday announced that it has acquired a controlling 60% stake in Pegatron Technology India (PTI). The company also said it would work on integrating their teams to work seamlessly.

Further, PTI will undergo rebranding to reflect its new ownership structure and business direction while continuing to deliver high-quality electronics manufacturing services, Tata Electronics said.

"The acquisition of a majority stake in Pegatron Technology India 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," Randhir Thakur, CEO & managing director of Tata Electronics, said in a statement.


The Pegatron deal less than a year after the electronics manufacturing arm of the conglomerate acquired Wistron’s India operations in Narsapura, Karnataka in March 2024.

Tata Electronics has been making no bones about its ambitious plans. Tata Sons chairman N Chandrasekaran had said recently that the group plans to open nine new factories within the next 24 months and will be investing $18 billion in electronics and semiconductors.