Tata Electronics acquires 60% stake in Pegatron Technology India

Tata Electronics Private Limited (TEPL) on Friday announced the acquisition of a controlling 60% stake in Pegatron Technology India Private Limited (PTI). "As part of this deal...TEPL and PTI will work on integrating their teams to work seamlessly," said the Tata Electronics. "This acquisition solidifies TEPL’s position as a key player in the Indian electronics manufacturing sector," it said.