 "Apple iPhone 14 series")
Taiwan’s Pegatron on Friday became the third Apple vendor to set up a manufacturing unit in India, inaugurating a facility at Mahindra World City in Chennai. It will invest around Rs 1,100 crore in the unit, potentially generating around 14,000 jobs.
The other two Apple vendors with units in India are Foxconn and Wistron, both Taiwanese. Pegatron’s facility comes at a time when Apple is expected to move at least a quarter of its manufacturing facilities to India by 2025. It signed a memorandum of understanding (MoU) with the Tamil Nadu government in February last year.
“The fact that Pegatron
