CHENNAI – Pegatron is reportedly in advanced talks to sell its lone Indian iPhone manufacturing facility to the Tata Group.

Reuters reported that the deal, which Apple has backed, will entail Tata holding a 65% stake in a joint venture that will operate the Pegatron plant, with Pegatron holding the rest and providing technical support.

Pegatron's India factory has around 10,000 employees and makes 5 million iPhones annually. It is Pegatron's last iPhone factory after it sold a plant in China to Luxshare last year.

Tata already operates an iPhone assembly plant in Karnataka, which it acquired from Taiwan's Wistron last year, and is also building another in Hosur in Tamil Nadu that is expected to feature around 20 assembly lines and will possibly include Pegatron as a joint venture partner.

Pegatron has been building another iPhone factory at its Chennai campus, and the talks with Tata also include taking over that facility, the report said.

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