A fresh ₹1,500 crore equity infusion from Tata Sons strengthens Tata Electronics’ expansion plans, reinforcing its growing role in Apple’s global iPhone supply chain and its broader ambition to build large-scale electronics and semiconductor manufacturing in India.
Tata Electronics has secured an additional ₹1,500 crore in equity funding from Tata Sons, taking the total capital invested over the past year to ₹4,500 crore. The latest infusion underlines the Tata Group’s long-term commitment to building a strong electronics manufacturing base in India, even as the sector demands heavy upfront investment and extended gestation periods.
The funding comes amid a broader global shift, with technology companies reworking supply chains to reduce concentration risks and expand manufacturing footprints beyond China. For Tata Electronics, continued backing from its parent reflects confidence in its ability to scale operations and compete in one of the world’s most capital-intensive industries.
Deepening role in Apple’s global supply chain
Tata Electronics has rapidly emerged as a key manufacturing partner for Apple in India. A large share of the iPhones assembled by the company is exported to major markets such as the United States and Europe, highlighting India’s growing importance in Apple’s global production network. Apple has indicated that a majority of iPhones sold in the US could be manufactured in India by 2026, a shift in which Tata Electronics plays a central role.
This rise mirrors a broader transformation in India’s electronics sector, which is moving from basic contract assembly to large-scale, export-driven manufacturing backed by global quality standards and sustained capital investment.
Scaling capacity beyond smartphones
To support rapid expansion, Tata Electronics has doubled its authorised share capital from ₹10,000 crore to ₹20,000 crore, signalling scope for further investments. The company reported consolidated operating income of ₹66,206 crore in FY25, sharply higher than the previous year, though it continues to post losses due to heavy spending on plants, technology, and infrastructure.
Beyond smartphones, Tata Electronics is also entering semiconductor manufacturing, with planned investments of about $14 billion in projects across Gujarat and Assam. These include a semiconductor fabrication facility and a chip assembly and testing unit, positioning the company among a small group building end-to-end chip capabilities in India.
As global supply chains realign and India pushes to strengthen domestic manufacturing, Tata Electronics is shaping itself into a cornerstone of the country’s next phase of industrial and technology-led growth.
