Apple partner Pegatron leases half a million square feet in Chennai, India : Apple World Today

Apple iPhone manufacturing partner, Pegatron, has leased space near Chennai, on the Bay of Bengal in eastern India, is the capital of the state of Tamil Nadu, reports the Financial Express.

Tamil Nadu is surrounded by the Bay of Bengal on the east and the Indian Ocean on the south and also by the Arabian Sea in the west for a smaller area. Pegatron,which has plans to pump in around US$150 million into setting up contract mobile manufacturing facilities for Apple in Tamil Nadu, will use the space near Chennai for assembling and warehousing purposes, according to sources.

According to the Financial Express, unnamed sources say the company has leased half a million square feet at city-based realty firm Casa Grande’s Chennai industrial park. Pegatron will be the second contract manufacturer to assemble iPhones in Tamil Nadu after Foxconn, with its facility at Sriperumbudur near Chennai.