The board of Pegatron Apple ’s second largest contract manufacturer , has approved an initial investment of $150 million (Rs 1100 crore) for building manufacturing facilities in India, its top executive has said. Pegatron’s factory in India is expected to start production in the second half of next year or in early 2022 and the company plans to make more investments in India over the next two years, CEO Liao Syh-jang had said in an investor conference last week.The details were reported in the Taiwanese local media. Pegatron and Apple didn’t respond to ET’s emailed queries. The ...

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