Acquires Wistron Infocomm Manufacturing Tata Electronics

  • Approved by the Competition Commission of India (CCI).
  • 100% acquisition of Wistron Infocomm Manufacturing (India) Private Limited by Tata Electronics Private Limited.

Tata Electronics Private Limited

  • It is a Greenfield venture of Tata Sons Private Limited.
  • It manufactures smartphone enclosures including the frame of the phone on which other components/sub-assembles of a smartphone are assembled.

Wistron Infocomm Manufacturing (India)

  • It is engaged in electronic manufacturing services including contract manufacturing of electronics for smartphones in India.
  • It has a plant in Karnataka.
  • It was incorporated in 2017 by the Wistron group.

Posted in Current Affairs.