Tata Electronics Boosts Investment in iPhone Manufacturing
Tata Electronics has increased its capital investments and debt financing for Apple iPhone manufacturing and semiconductor projects. The company extended ₹61,280 crore in guarantees and ₹1,017 crore in loans to its subsidiaries. Equity investments rose to ₹3,727 crore, mainly due to semiconductor business growth. Despite higher revenue, net losses widened to ₹1,611 crore in the fiscal year.
Economic Times·3h ago


