Tata Electronics Buys Justech's Indian iPhone Parts Unit for $100 Million

In a move signalling India’s growing role in Apple’s global supply chain, Tata Electronics has acquired the India arm of Chinese industrial firm Justech Precision for approximately $100 million, according to a CNBC report. The acquisition strengthens Tata’s precision manufacturing base and supports Apple’s plan to scale iPhone production in the country.

Acquisition Details and Strategic Intent

As per CNBC, the deal, finalised in August, was advised by HSBC Bank and HDFC Bank. Justech Precision, headquartered in Kunshan, Jiangsu province, has been a long-time supplier to Apple since 2008, specialising in high-precision industrial machinery such as computer numerical control (CNC) systems. These systems are critical for component fabrication used by major Apple suppliers, including Foxconn.

The acquisition gives Tata access to Justech’s India unit, Justech Precision Industry India Pvt Ltd, which was set up in 2019 in Tamil Nadu, a key manufacturing hub for Apple’s contract partners.

Expanding Apple’s Manufacturing Ecosystem in India

The deal aligns with Apple’s broader strategy to diversify its manufacturing footprint beyond China and ramp up production in India. Tata Electronics, already assembling iPhones in the country, is expected to leverage Justech’s precision engineering expertise to enhance local component manufacturing capabilities and reduce dependence on imports.

Read More: Tata Electronics and Merck Collaborate to Boost Semiconductor Materials in India!

Conclusion

The acquisition marks another milestone in Tata’s collaboration with Apple, positioning India as a vital node in the global electronics manufacturing network. By integrating Justech’s advanced precision tools, Tata Electronics aims to scale up domestic production quality and support India’s vision of becoming a high-tech manufacturing powerhouse.

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