From fresh equity infusions to semiconductor ambitions, Tata’s latest ₹15 billion push signals India’s growing role in Apple’s supply chain and global electronics expansion.
The Tata Group has injected fresh equity of ₹15 billion into Tata Electronics to scale up its Apple iPhone contract manufacturing operations in India.
The move follows a series of capital infusions over recent years, according to a report by The Economic Times.
Regulatory filings show Tata Sons has also raised the authorised share capital of Tata Electronics Products and Solutions from ₹27.5 billion to ₹62.5 billion. The unit, in which Tata acquired a 60% stake in Pegatron Technology India last year, is expected to see further investment.
In FY26 alone, Tata infused ₹30 billion into Tata Electronics, while the company doubled its authorised share capital to ₹200 billion.
Analysts note that the continued capital support reflects parent-level backing for capacity expansion. Tata Electronics is emerging as one of Apple’s largest iPhone manufacturers in India, alongside Foxconn.
Financial filings show Tata Electronics’ consolidated operating income surged to ₹662.06 billion in FY25, up from ₹37.52 billion in FY24, while net losses narrowed to ₹690 million from ₹8.25 billion. FY26 results are yet to be disclosed.
Industry data suggests India now produces more than 70% of iPhones sold in the US, with Apple signalling that the majority of its US iPhone supply is sourced from India. Beyond smartphones, Tata Electronics is also pursuing semiconductor ambitions, with planned investments of around $14 billion in a fabrication plant in Gujarat and a chip assembly and testing facility in Assam.
