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    iPhone manufacturer Pegatron starts business operations in India

    The over $45-billion contract manufacturer is one of three global makers of iPhones.

    Synopsis

    Pegatron has appointed BSR & Co as statutory auditors for the first year of operations ending March 31, 2021 while Akhilesh Bansal and Chui Tan Lin, chief operating officer of Pegatron Corp Taiwan, have been appointed directors of the India subsidiary, as per regulatory filings.

    NEW DELHI: Apple’s second largest manufacturing partner Pegatron has started business operations in India with the appointment of statutory auditors and remittance of Rs 99 lakh towards initial subscription of equity shares, underlining the iPhone maker’s move to make India a manufacturing base.The Taiwanese company, which manufactures devices exclusively for Apple, announced the commencement of business in a declaration filed to the registrar
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    The Economic Times