Apple partner Pegatron invests $150 million on production site in India
(iMore iPhone)

Apple`s supply chain partners are making major investments. What you need to know Pegatron is planning to build a $150 million factory in Chennai, India. The company will use the space for Apple-related operations. As reported by Financial Express, Apple`s supply chain partner Pegatron has leased out half a million square feet in an industrial park near Chennai, India. The company is planning to invest $150 million to begin manufacturing components for Apple. Sources in the state government said that the company has leased out space for Apple-related operations in Tamil Nadu. According to sources privy to the development, Pegatron has leased half a million sq-ft at city-based realty firm Casa Grande`s Chennai industrial park. Pegatron Corporation had in November 2020 approved a proposal to invest Rs 1,100 crore through its subsidiary Pegatron Technology India for its India plans. Sources said that the company will have one or two production facilities in India. Pegatron wo...