Apple assembly partner Pegatron is making preparations for its first plant in India, adding to a large influx of foreign tech investments in the country this year. In June, the government set out a $6.6 billion plan to woo the world’s top smartphone manufacturers, offering financial incentives and ready-to-use manufacturing clusters. Pegatron is now setting up a local subsidiary and joining fellow Taiwanese electronics assemblers Foxconn Technology Group and Wistron, who have already been making some iPhone handsets in southern India.
