Pegatron Opens $135M India Assembly Plant
CHENNAI, INDIA -- Pegatron today inaugurated an electronics assembly facility here that could employ up to 14,000 workers at full capacity.
The ODM will invest about Rs 1,100 crore ($135 million) in the unit, which will build products for Apple.
Apple is expected to move at least a quarter of its manufacturing facilities to India by 2025, according to published reports.
“The fact that Pegatron has started production within 18 months of signing the MoU highlights the investor-friendly climate in Tamil Nadu," said M K Stalin, Tamil Nadu chief minister. "China is where new cell phone models are manufactured in bulk. We are working to change that and make Tamil Nadu such a manufacturing hub.”
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