where it also has an iPhone component plant which was involved in a fire incident in September. Analysts estimate India will contribute 20-25% of total iPhone shipments this year, from 12-14% last year. The Tata-Pegatron plant, which has around 10,000 ...

India's Tata Electronics is reportedly buying a 60 percent stake in Taiwan-based Pegatron's only India iPhone facility, strengthening Tata's position as Apple's main supplier partner in the country.

This deal will enhance Tata's iPhone manufacturing operations, as the company already operates a plant in Karnataka. Tata will hold a 60 percent stake in the joint venture.