We use cookies. They help to improve your interaction with the site.
Electronics news

The CCI has approved the acquisition of Wistron Infocomm Manufacturing (India) by Tata Electronics

The Competition Commission of India's (CCI) approval of the acquisition of Wistron Infocomm Manufacturing reflects an assessment of the acquisition taking into account competitive dynamics, market impact and regulatory compliance of the acquired entity.

Tata Electronics aims to enter the market for smartphones and components manufactured in India by Tata Electronics to strengthen its domestic manufacturing capabilities.

Tata Electronics, a member of the Tata Group, has a rich history of diverse business interests and a commitment to innovation and sustainability.

The acquisition of Wistron Infocomm Manufacturing (India) Private Limited by Wistron is expected to strengthen Tata Electronics' position in electronics manufacturing and contribute to the growth of this sector in India to meet changing consumer demands.

CCI's approval of this acquisition reflects a balanced approach to encourage business initiatives and ensure fair competition in the market.