Tata Electronics, a subsidiary of the Tata Group, has acquired the Indian operations of Justech Precision, a Chinese industrial manufacturing company, for $100 million (₹835 crore). Finalized in August with advisory from HSBC and HDFC Bank, the transaction strengthens Tata’s position within Apple’s supply chain, advancing India’s role in global iPhone production. The acquisition aligns with the Indian government’s ‘Make in India’ initiative, enhancing domestic manufacturing capabilities for high-value technology products.

Justech Precision, based in Kunshan, Jiangsu Province, has supplied Apple since 2008, producing computer numerical control (CNC) machines and industrial equipment for assemblers like Foxconn. Its Indian subsidiary, established in Tamil Nadu in 2019, now integrates into Tata’s expanding portfolio. This follows Tata’s acquisition of a 60% stake in Pegatron’s Chennai-based iPhone assembly plant in January 2025 and the full purchase of Wistron’s Karnataka facility, positioning Tata Electronics as a key contributor to India’s iPhone output, which constitutes one-third of the nation’s production behind Foxconn’s two-thirds share.

The acquisition supports Apple’s goal to manufacture all U.S.-market iPhones in India by 2026, driven by escalating U.S.-China trade tensions and high tariffs, including U.S. policies imposing up to 100% duties on Chinese imports. India’s iPhone exports reached $10 billion in the latest fiscal year, and this deal reduces reliance on foreign components. Tata’s Tamil Nadu and Karnataka plants are poised to increase production capacity, potentially surpassing Foxconn’s dominance, according to Counterpoint Research analyst Neil Shah.

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Tata Electronics is also investing heavily in semiconductors and precision technology, with commitments exceeding $10 billion, including partnerships with Merck and Bharat Electronics for advanced sensors and defense applications. Industry expert Priya Rao noted that the acquisition enhances India’s self-reliance in technology manufacturing, positioning the country as a critical hub for Apple’s global operations. The deal is expected to create significant employment opportunities and drive economic growth in India’s technology sector.

The acquisition reflects Tata’s strategic focus on long-term value creation, leveraging its debt-free status and 150-year legacy. As Apple shifts production from China, Tata’s expanded manufacturing capabilities strengthen India’s standing in global technology markets. The integration of Justech’s expertise ensures a robust supply chain, supporting India’s ambition to become a leading center for high-tech manufacturing.

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