Tata Steel Q3 results are expected to be weak, with the Tata Group company estimated to slip into losses in the quarter ended December 2024 due to lower sales realisations in India and Europe.

The company's existing suppliers in India include three iPhone assembly plants, the largest one operated by Foxconn in Tamil Nadu and two others by Tata Group units in Tamil Nadu and Karnataka.

This acquisition aligns with Tatas strategy to expand its manufacturing capabilities, particularly as an Apple supplier.

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