Did Targa buy Lucid?
Yes, Tata Electronics Private Limited announced the acquisition of a controlling 60% stake in Pegatron Technology India Private Limited in January 2025. This move was part of the Tata Group's broader strategic vision to significantly expand its footprint in the electronics manufacturing sector in India. Following the acquisition, the companies began integrating their teams, and the India operations were slated for rebranding to align with the new ownership structure while continuing to provide high-quality manufacturing services.
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