Pegatron starts iPhone factory in Chennai, third such firm in India

Pegatron starts iPhone factory in Chennai, third such firm in India: Pegatron (Taiwan) has become the third Apple vendor to set up a manufacturing unit in Chennai, India.

The firm will invest around Rs 1,100 crore in the unit and generate around 14,000 jobs. The other two Apple vendors in India are Foxconn and Wistron.

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Tamil Nadu has also planned to develop Hosur, Coimbatore and Sriperumbudur as electronics manufacturing hubs. Major players in the state include Samsung, Foxconn, Tata Electronics and Dell among major investors.