Tata Electronics leans on INR612.8 billion in guarantees to fund iPhone, chip expansion

DIGITIMESOctober 1, 2026en

Tata Electronics, Apple's contract manufacturing partner, provided INR612.8 billion (US$6.38 billion) in corporate guarantees on behalf of its subsidiaries in fiscal 2026 as it expanded iPhone manufacturing and semiconductor projects, The Economic Times reported.

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