India's Tata Electronics acquires 60% stake in Pegatron Technology

Employee buses enter the Pegatron facility near Chennai, India, March 7, 2023. REUTERS/Praveen Paramasivam/File Photo

(Reuters) - Tata Electronics said on Friday it will acquire a majority 60% stake in Pegatron Technology India to grow its manufacturing footprint.

(Reporting by Ashna Teresa Britto)