Apple supplier Pegatron invests ₹1,100 crore for new mobile phone factory near Chennai

Taiwan-headquartered Pegatron, one of Apple’s contracted manufacturers of the iPhone, has invested ₹1,100 crore to set-up a new mobile phone manufacturing facility in the Mahindra World City business area of Chengalpattu district near Chennai. Through this investment, the company projects to generate 14,000 jobs in the factory — in line with the memorandum of understanding that the company signed with the Tamil Nadu state government in February last year.

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