Tata acquired iPhone supplier Justech India unit for $100M

Source Credit : CNBC

Tata Electronics has acquired the Indian unit of China’s Justech Precision for approximately $100 million (₹835 crore). Through this deal

Tata Electronics, a subsidiary of the Tata Group, has acquired the Indian unit of Justech Precision, a Chinese industrial manufacturing company. Sources indicate that the deal was completed for approximately $100 million (approximately ₹835 crore).

Justech Precision, headquartered in Kunshan, Jiangsu Province, China, has been a supplier to Apple since 2008. The company manufactures industrial equipment and computer numerical control (CNC) machines, which are supplied to companies like Foxconn, Apple’s largest assembler. Justech Precision Industry India Pvt Ltd was established in India in late 2019 and is located in Tamil Nadu. With this acquisition, Tata Electronics’ iPhone production capacity will expand significantly.

Tata Electronics already assembles iPhones for Apple. In January 2025, Tata acquired a 60% stake in Pegatron’s Indian unit, which operates an iPhone assembly plant near Chennai. The value of the deal was not disclosed at the time.

Apple aims to have all iPhones sold for the US market manufactured in India by the end of 2026. Toward this end, both Tata and Foxconn are rapidly expanding their production capacity. Foxconn accounts for approximately two-thirds of iPhones made in India, while Tata Electronics produces about one-third.

According to Neil Shah, co-founder of the market research firm Counterpoint Research, this balance could soon shift as Tata expands its manufacturing capacity. Tata Electronics has two manufacturing plants in Tamil Nadu and one in Karnataka, the same unit previously owned by Wistron. Escalating trade tensions and high tariffs between the US and China have forced Apple to turn to India. The lockdowns imposed in China during the pandemic severely impacted iPhone production.

US President Donald Trump imposed triple-digit tariffs (up to 100%) on Chinese imports. Although he later granted a temporary waiver, Apple accelerated its shift of production out of China. Apple currently manufactures most of its iPhones in China, but India is now becoming its second-largest production hub. This Tata Electronics deal is not just a purchase

but a significant step towards self-reliance in India’s iPhone supply chain. This deal will further strengthen Tata’s manufacturing partnership with Apple and elevate India to a new level on the global tech manufacturing map.