Apple iPhone assembler joins wave of tech investment in India


With a number of factories in China, Pegatron is the second-largest iPhone assembler and depends on Apple for more than half of its business. — Reuters

Apple Inc assembly partner Pegatron Corp is making preparations for its first plant in India, adding to a large influx of foreign tech investments in the country this year.

In June, the Indian government set out a US$6.6bil (RM28.19bil) plan to woo the world’s top smartphone manufacturers, offering financial incentives and ready-to-use manufacturing clusters. Pegatron is now setting up a local subsidiary and joining fellow Taiwanese electronics assemblers Foxconn Technology Group and Wistron Corp, who have already been making some iPhone handsets in southern India.

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