India’s role in Apple’s supply chain has expanded, with more than 70% of iPhones sold in the United States now produced in the country, according to Counterpoint Research.
Apple has also indicated that a majority of iPhones shipped to the US are sourced from India, while devices such as Mac, iPad and Watch continue to be largely made in Vietnam.
As per The Economic Times report, amid this shift, the Tata Group has infused an additional ₹1,500 crore into Tata Electronics.
The latest tranche, completed last month, takes total funding into the company to ₹3,000 crore for FY26. The investment comes through Tata Sons, based on filings with the Registrar of Companies.
Tata Sons has increased the authorised share capital of Tata Electronics Products and Solutions to ₹6,250 crore from ₹2,750 crore. The revision is linked to funding requirements of Pegatron Technology India, in which Tata acquired a 60% stake last year.
Tata Electronics had earlier raised its authorised share capital to ₹20,000 crore in the previous financial year.
Tata Electronics has become one of the main iPhone assembly partners in India, alongside Foxconn. The business expanded following the acquisition of Wistron’s India operations and the subsequent stake purchase in Pegatron’s local unit.
The holding structure routes Tata’s stake in the products and solutions arm through Tata Electronics.
The company reported consolidated operating income of ₹66,206 crore in FY25, up from ₹3,752 crore in FY24.
Net loss narrowed to ₹69 crore from ₹825 crore a year earlier. Financial results for FY26 are yet to be released.
The group is also planning investments outside smartphone assembly. It has outlined expenditure of about $14 billion for a semiconductor fabrication unit in Gujarat and a chip assembly and testing facility in Assam.
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The additional funding and capital revisions point to continued investment in Tata Electronics as it expands manufacturing capacity and related operations in India.
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Published on: Apr 15, 2026, 2:53 PM IST
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