Tata Electronics Pvt Ltd (TEPL) has reinforced its leadership in India’s electronics manufacturing sector by acquiring a 60% stake in Pegatron Technology India. This strategic move further cements Tata Electronics’ ambition to drive large-scale manufacturing and deepen its capabilities in advanced technology production.
Dr. Randhir Thakur, CEO and MD of Tata Electronics, emphasized that this acquisition aligns with the company’s broader strategy to expand its manufacturing footprint and enhance operational synergies. By integrating Pegatron Technology India into its portfolio, Tata Electronics aims to bolster its production capacity, streamline supply chain efficiencies, and deliver cutting-edge electronics manufacturing services.
As part of the transition, Tata Electronics and Pegatron Technology India will collaborate closely to ensure seamless integration of teams and operations. Additionally, Pegatron Technology India will undergo rebranding to reflect its new ownership structure while maintaining its commitment to high-quality manufacturing standards. This strategic acquisition is expected to enhance Tata Electronics’ ability to cater to both domestic and global markets, reinforcing India’s role as a vital hub for electronics manufacturing.
This move follows Tata Electronics’ acquisition of Wistron’s India operations in March 2024, signaling the Tata Group’s steadfast focus on strengthening its foothold in the sector. Under the leadership of N Chandrasekaran, Chairman of Tata Sons, the group has been making significant investments in electronics, AI, and digital transformation, underscoring its commitment to building an ecosystem of innovation and technological advancement.
The acquisition not only expands Tata Electronics’ production capacity but also positions the company as a critical player in India’s evolving manufacturing landscape. With the global electronics industry witnessing rapid advancements, Tata Electronics is gearing up for a new era of AI-driven, digital, and technology-led manufacturing. The company’s continued investment in the sector highlights its long-term vision of fostering large-scale, world-class manufacturing capabilities in India.