Pegatron, Tata to Invest in Indian State to Make Phones, Parts
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Taiwan’s Pegatron Corporation and Tata Electronics will invest separately in the southern Indian state of Tamil Nadu to make mobile phones and parts.
Tata Electronics will invest 57.63 billion rupees ($790 million) for making mobile phone components and Pegatron will invest 11 billion rupees to make mobile phones as part of its phase I investment, the Tamil Nadu government said in a statement Friday.