TLDRs;
- Tata Electronics acquired Justech India, a key Apple supplier, in a $100 million deal advised by HSBC and HDFC.
- The acquisition expands Tata’s iPhone production capabilities in Tamil Nadu, strengthening its Apple supply chain role.
- Analysts say the valuation reflects expertise and Apple certification, not Justech India’s small corporate filings.
- The deal boosts India’s status in Apple’s manufacturing strategy, opening opportunities for local automation and AI firms.
Tata Electronics has completed the acquisition of the India unit of Chinese precision engineering firm Justech Precision for approximately $100 million, according to sources cited by CNBC.
The deal, finalized in August 2025, was advised by HSBC Bank and HDFC Bank, signaling a major step in Tata’s ambition to expand its footprint in Apple’s manufacturing ecosystem in India.
Justech Precision, headquartered in Kunshan, China, is a long-time supplier of precision equipment to Apple and its primary assembler, Foxconn. Its Indian subsidiary, Justech Precision Industry India Private Limited, was established in 2019 in Tamil Nadu, strategically located near Apple’s growing production hubs. The acquisition provides Tata Electronics with enhanced manufacturing capacity and access to specialized tooling expertise as Apple continues to diversify its iPhone production away from China.
Strengthening Tata’s Role in the iPhone Supply Chain
The acquisition marks Tata’s second major Apple-related move this year. Earlier in 2025, the company reportedly acquired a 60% stake in Pegatron’s India operations, another key iPhone assembler.
Combined, these deals position Tata Electronics as one of Apple’s most significant local manufacturing partners in India, a crucial part of Apple’s strategy to reduce dependence on China amid escalating geopolitical tensions.
Industry analysts believe the $100 million price tag reflects not just Justech India’s physical assets, but its Apple-certified manufacturing capabilities and workforce experience in precision tooling and automation. While the company’s filings with India’s Ministry of Corporate Affairs (MCA) show a modest paid-up capital of just INR 1 million (about $12,000), experts suggest Tata valued the firm for its technical know-how and established supplier relationships within Apple’s quality ecosystem.
India’s iPhone Production Hotspot
With this acquisition, Tata strengthens its presence in Tamil Nadu, a state rapidly emerging as a hub for Apple’s manufacturing and supplier network.
The region already hosts Foxconn’s and Pegatron’s iPhone assembly plants, and Tata’s integration of Justech India adds another layer of local expertise in CNC machining, industrial tooling, and automation equipment.
The move aligns with India’s push to become a global manufacturing powerhouse under its “Make in India” initiative. As Apple scales up iPhone assembly in the country, suppliers like Justech are increasingly vital for meeting production quality and sustainability standards.
Tata’s investment also opens new opportunities for local automation providers, AI inspection software firms, and IoT-based industrial service vendors seeking to enter the Apple supplier ecosystem.
Broader Implications for India’s Tech Manufacturing
Industry observers note that Tata’s acquisition could catalyze a new wave of industrial automation partnerships in India.
As Tata modernizes its facilities to meet Apple’s stringent quality and environmental standards, it is expected to onboard a range of AI-driven inspection systems, predictive maintenance software, and carbon-neutral production solutions aligned with Apple’s 2030 sustainability goals.
Chinese and Taiwanese suppliers looking to maintain Apple contracts may now need to form joint ventures or technology-sharing partnerships with Indian firms like Tata to comply with Apple’s ethical sourcing and local manufacturing requirements. For Tata, integrating Justech’s precision expertise could help establish India as a credible alternative to China for high-value electronics manufacturing.
