Tata Electronics Acquires 60% Stake in Pegatron India, Strengthening Apple Supply Chain
塔塔電子（Tata Electronics）收購台灣和碩印度（Pegatron India）60% 股權，強化蘋果供應鏈
In a major boost to India’s electronics manufacturing sector, Tata Electronics Pvt Ltd (TEPL) has acquired a controlling 60% stake in Pegatron Technology India, a subsidiary of Taiwan’s Pegatron Corporation. This acquisition solidifies Tata’s role as a key Apple supplier and marks its second major deal in the industry following its purchase of Wistron’s India operations in March 2024. Tata Electronics plans to rebrand Pegatron India while continuing to deliver top-tier electronics manufacturing services (EMS). The move aligns with Tata’s broader ambitions in semiconductor and electronics production, with major investments in India’s first semiconductor fabrication facility in Gujarat and a semiconductor assembly unit in Assam.
For global companies, this acquisition signals India’s growing importance in electronics supply chains. With shifting global manufacturing trends, Tata Group’s rapid expansion presents new opportunities for international firms looking to diversify production away from China. Tata’s planned creation of 500,000 manufacturing jobs and its push into semiconductors, EVs, and batteries reinforce India’s position as an emerging hub for advanced electronics, making it a strategic destination for investment and partnerships.
小編點評：塔塔電子私人有限公司（Tata Electronics Pvt Ltd, TEPL）收購了台灣和碩科技（Pegatron Corporation）在印度子公司 Pegatron Technology India 的 60% 控股權，進一步鞏固其作為蘋果主要供應商的地位。這是塔塔在電子製造業的第二筆重大交易，繼 2024 年 3 月收購緯創印度業務後，再度擴展版圖。塔塔電子計劃對和碩印度進行品牌重塑，同時持續提供高品質的電子製造服務（EMS）。這一舉措符合塔塔集團在半導體與電子生產領域的宏大目標，包括在古吉拉特邦建立印度首座半導體晶圓廠，並在阿薩姆邦設立半導體封裝廠。
對於全球企業來說，此次收購凸顯印度在電子供應鏈中的重要性。隨著全球製造業格局的變化，塔塔集團的迅速擴展為國際企業提供了將生產基地多元化、降低對中國依賴的機會。塔塔計劃創造 50 萬個製造業職位，並積極投資半導體、電動車（EV）和電池技術，這進一步強化印度作為新興電子製造中心的地位，使其成為戰略性投資與合作的熱門地點。
Taiwan Backs ‘Make in India’ with Advanced Manufacturing Technologies at IMTEX 2025
台灣在 IMTEX 2025 展示先進製造技術，支持「印度製造」計劃
Taiwan has reaffirmed its commitment to India’s manufacturing growth, with Richard Chen, Director General of the Taipei Economic and Cultural Centre (TECC) in Chennai, emphasizing the country’s support for the ‘Make in India’ initiative. Speaking at IMTEX 2025, a premier global machine tool exhibition in Bengaluru, Chen highlighted Taiwan’s role in providing cutting-edge automation and machine tool solutions to enhance efficiency and competitiveness in Indian industries. The Taiwan Excellence pavilion at the event features next-generation manufacturing tools from 13 leading Taiwanese brands, aimed at boosting precision, automation, and sustainability in India’s industrial sector. The Federation of Karnataka Chambers of Commerce and Industry (FKCCI) also expressed eagerness to collaborate with Taiwanese initiatives, fostering knowledge exchange and joint ventures to accelerate industrial growth.
For global manufacturers, Taiwan’s deeper engagement with India signals new opportunities for cross-border collaboration and investment in advanced industrial solutions. As India continues its transformation with Industry 4.0 and IoT-driven automation, foreign companies looking to expand into the Indian market can benefit from Taiwan’s technological expertise. The partnerships emerging from IMTEX 2025 reinforce India’s position as a rapidly evolving hub for high-tech manufacturing, making it a strategic destination for companies seeking innovation-driven growth.
Editor’s Note: At IMTEX 2025, Taiwan reaffirmed its support for India’s ‘Make in India’ initiative by showcasing advanced automation and machine tool solutions aimed at enhancing efficiency and sustainability in Indian industries. Taiwan’s growing engagement with India presents new opportunities for global manufacturers to collaborate and invest in high-tech industrial solutions, making India an attractive destination for innovation-driven growth.
小編點評：台灣重申對印度製造業成長的承諾，駐清奈台北經濟文化中心（TECC）主任在 IMTEX 2025 全球機械工具展覽會上表示，台灣支持印度的「印度製造」（Make in India）計劃。台灣在提供尖端自動化技術和機械工具解決方案方面發揮關鍵作用，以提升印度產業的效率和競爭力。在班加羅爾舉辦的 IMTEX 2025 展會上，「台灣精品館」（Taiwan Excellence Pavilion）展示了來自 13 家台灣領先品牌的下一代製造設備，旨在推動印度工業產業的精密加工、自動化與永續發展。卡納塔克邦商會聯合會（FKCCI）也表達了與台灣企業合作的興趣，促進技術交流與合資企業的發展，以加速印度工業成長。
對於全球製造商來說，台灣與印度的合作深化，為跨國企業提供了在先進工業解決方案領域展開投資與合作的機會。隨著印度推動工業 4.0 和物聯網（IoT）自動化轉型，計劃進入印度市場的外國企業可以受益於台灣的技術專長。IMTEX 2025 促成的夥伴關係進一步強化印度作為高科技製造中心的地位，使其成為尋求創新驅動成長的企業的戰略熱點。
Citi Predicts Stronger Tech Fundraising in Asia, Driven by AI and India-Taiwan Growth
花旗銀行預測亞洲科技募資將成長，受 AI 及印度-台灣投資推動
Citi expects a surge in tech fundraising across Asia in 2025, fueled by advancements in artificial intelligence and strong investment activity in India and Taiwan. The Wall Street bank, which led tech fundraising in Asia outside Japan, projects at least a 10% rise in fundraising volumes in the technology, media, and telecom sector, surpassing the $70 billion raised in 2024. AI-driven funding, including investments in hardware supply chains and digital infrastructure such as data centers and fiber networks, will continue to dominate capital markets, according to Ho-Yin Lee, Citi’s Asia investment banking head for Technology & Communications. He also highlighted India’s strong deal pipeline and Taiwan’s steady growth in hardware supply chain investments, while noting that Hong Kong may see pending IPOs return to market.
For global investors, the shifting dynamics in Asian fundraising present new opportunities amid China’s declining market influence, where fundraising dropped 74% in 2024. As India and Taiwan emerge as key tech investment hubs, foreign companies can benefit from engaging in AI infrastructure, semiconductor supply chains, and digital transformation projects in the region. With Asia poised for accelerated growth in tech financing, firms seeking expansion in AI and digital infrastructure should closely track developments in these rapidly growing markets.
https://www.reuters.com/technology/asian-tech-fundraising-expand-10-2025-says-citi-2025-01-23
小編點評：花旗銀行預計 2025 年亞洲科技行業的募資活動將大幅增長，主要受人工智慧（AI）技術進步以及印度與台灣的強勁投資活動推動。該華爾街銀行預測，科技、媒體與電信（TMT）領域的募資金額將增長至少 10%，超過 2024 年的 700 億美元。花旗指出，AI 相關資金，包括對硬體供應鏈及數據基礎設施（如數據中心與光纖網絡）的投資，將持續主導資本市場。報告也特別強調，印度的強勁交易管道與台灣在硬體供應鏈投資的穩定增長，將成為推動亞洲科技募資的重要驅動力。
對於全球投資者而言，亞洲募資市場的變化提供了新機會，特別是在中國市場影響力下降的背景下（2024 年中國科技募資下滑 74%）。隨著印度與台灣成為主要科技投資中心，外國企業可以透過參與 AI 基礎設施、半導體供應鏈及數位轉型計劃來獲利。隨著亞洲科技融資活動加速成長，尋求 AI 與數位基礎設施擴張的企業應密切關注這些市場的發展動態。
AI GPU Competition Nears Conclusion as MeitY Reviews Financial Bids
AI GPU 競標進入最後階段，印度電子與資訊技術部（MeitY）審查財務標案
The Indian government has shortlisted ten companies for the next phase of its IndiaAI Mission, a large-scale initiative aimed at strengthening the country’s AI infrastructure. The selected firms, including Tata Communications, Jio Platforms, Yotta Data Services, and E2E Networks, advanced past the technical evaluation stage in the bidding process for procuring 10,000 graphics processing units (GPUs). The Ministry of Electronics and IT (MeitY) will open the financial bids on Wednesday, with the L1 bidder set to be announced shortly after. Once selected, other companies will be given the opportunity to match the lowest bid price and provide compute-as-a-service under the same terms.
For global companies, India’s AI infrastructure expansion presents significant collaboration and investment opportunities. With the country rapidly scaling its cloud computing and AI capabilities, international firms involved in AI hardware, data centers, and compute services may find a growing market in India. As AI adoption accelerates worldwide, India’s push to enhance its GPU-powered infrastructure could also contribute to a more competitive and diversified global AI ecosystem.
小編點評：印度政府已篩選出十家公司，包括 Tata Communications 和 Jio Platforms，進入 IndiaAI Mission 的下一階段，以透過採購 10,000 顆 GPU 來強化該國 AI 基礎設施。電子與資訊技術部（MeitY）將審查財務標案，並公佈 L1 投標者，其他企業將有機會以相同價格匹配標案。對於全球企業而言，印度日益擴展的 AI 基礎設施為 AI 硬體、數據中心及計算服務領域帶來了重要的投資與合作機會。
India’s EMS Sector Heads Toward Duopoly as Tata, Dixon Dominate Market
印度電子製造服務（EMS）市場正走向塔塔與 Dixon 主導的雙頭壟斷格局
India’s electronics manufacturing services (EMS) industry is poised for consolidation and heightened price competition, with analysts predicting an eventual duopoly between Tata Electronics and Dixon Technologies. With its strong financial backing, Tata is well-positioned to negotiate favorable supplier deals, potentially lowering manufacturing costs and increasing competition with Dixon, which became India’s largest EMS provider for mobile phone production in Q3 2024. As Tata expands beyond Apple and seeks deals with brands like Xiaomi and Oppo, smartphone makers are expected to use its presence to negotiate better pricing from existing suppliers. This intensified rivalry could drive further consolidation, as smaller EMS players look for strategic partnerships to remain competitive.
For global electronics firms, India’s evolving EMS landscape presents both challenges and opportunities. The growing dominance of Tata and Dixon signals a more mature, price-competitive market that could benefit international smartphone brands seeking cost-efficient, high-quality manufacturing solutions in India. As India strengthens its position as a global manufacturing hub, companies involved in semiconductors, components, and supply chain logistics may find valuable collaboration prospects within this rapidly expanding ecosystem.
小編點評：印度電子製造服務（EMS）產業正迎來市場整合與價格競爭加劇的局面，分析師預測，塔塔電子（Tata Electronics）與 Dixon Technologies 最終將形成雙頭壟斷局勢。憑藉強大的資金實力，塔塔集團能夠與供應商談判獲得更優惠條件，可能進一步降低製造成本，並與 Dixon 競爭，後者在 2024 年第三季度成為印度最大的手機 EMS 供應商。隨著塔塔拓展客戶群至小米（Xiaomi）和 Oppo 等品牌，智慧型手機製造商預計將利用塔塔的競爭力來獲得更優惠的價格。此外，隨著競爭加劇，較小的 EMS 廠商可能尋求戰略合作以保持競爭力。
對於全球電子公司來說，印度 EMS 市場的變化既帶來挑戰，也創造了新機遇。塔塔與 Dixon 日益增強的市場地位，顯示出更成熟且具有價格競爭力的市場環境，這將有利於國際智慧型手機品牌尋求高效、優質的製造解決方案。隨著印度不斷強化其全球製造中心的地位，涉及半導體、零組件及供應鏈物流的企業，可能會在這個快速成長的生態系統中找到有價值的合作機會。
India’s Human Rights Watchdog Orders Fresh Probe Into Foxconn Hiring Practices
印度國家人權委員會（NHRC）命令重新調查富士康招聘問題
India’s National Human Rights Commission (NHRC) has criticized labor officials for failing to thoroughly investigate allegations of employment discrimination at Foxconn’s iPhone assembly plant in Tamil Nadu. Following a Reuters investigation that found the manufacturer excluded married women from assembly jobs except during high-production periods, the NHRC ordered federal and state officials to re-examine the company’s hiring practices. While labor authorities initially reported that 6.7% of the 33,360 women employees at the plant were married, the NHRC ruled that their investigation lacked scrutiny of hiring documents and failed to address whether married women were systematically excluded at the recruitment stage. The commission directed officials to conduct a thorough inquiry within four weeks, emphasizing that the reports were submitted in a “routine and casual manner.”
For global businesses, the NHRC’s intervention highlights the growing regulatory scrutiny on labor practices in India, a key hub for electronics and smartphone manufacturing. As Apple and Foxconn expand their India operations, compliance with labor laws and anti-discrimination policies will be critical for maintaining their reputations and securing government support. The case also serves as a cautionary tale for multinational corporations operating in emerging markets, underscoring the importance of ensuring ethical hiring practices and adhering to local and international labor standards to avoid reputational and legal risks.
小編點評：印度國家人權委員會（NHRC）已下令重新調查富士康位於泰米爾納德邦 iPhone 工廠的招聘規範，原因是該公司被指控對已婚女性存在就業歧視。NHRC 批評勞工當局未能徹底審查招聘文件，並要求官員在四週內進行更詳細的調查。本案突顯了印度對勞工待遇的監管日益加強，敦促全球企業確保其招聘政策符合道德標準，以避免聲譽與法律風險。
Reliance to Build World’s Largest Data Centre in Gujarat, Partners with Nvidia for AI Push
信實工業（Reliance）在古吉拉特邦建設全球最大數據中心，與輝達（Nvidia）合作推動 AI 發展
Reliance Industries chairman Mukesh Ambani is spearheading the construction of the world’s largest data centre in Jamnagar, Gujarat, as part of India’s ambitious artificial intelligence (AI) expansion, Bloomberg reported on January 24. The project, though lacking official details, is expected to significantly enhance India’s AI capabilities and position the country as a global AI hub. At the Nvidia AI Summit India 2024, held in Mumbai from October 23-25, Nvidia CEO Jensen Huang announced a strategic partnership with Reliance to develop AI infrastructure in India. Huang emphasized that India, once primarily a software exporter, is now poised to become a major AI exporter, leveraging its technological expertise, vast data resources, and advanced AI infrastructure.
For global companies, this development signals India’s rising influence in AI, presenting opportunities for collaboration and investment. Ambani highlighted India’s potential to become one of the world’s largest intelligence markets, with millions of Indians delivering AI services globally. This shift could reshape the AI landscape by offering cost-effective, high-quality AI solutions at scale. For non-Indian companies, tapping into India’s AI ecosystem could mean access to a rapidly growing talent pool and cutting-edge AI infrastructure, making India a key player in the next phase of the AI revolution.
小編點評：信實工業正在古吉拉特邦建設全球最大的數據中心，以增強印度的 AI 能力，並與輝達（Nvidia）合作開發 AI 基礎設施。此計劃將使印度成為全球 AI 樞紐，並有潛力成為主要的 AI 出口國，憑藉先進的基礎設施與龐大的數據資源推動 AI 發展。對於外國企業而言，此發展提供了與印度合作的重大機會，可利用印度快速成長的人才庫，並獲取先進的 AI 基礎設施，使印度成為全球最具潛力的 AI 市場之一。