Tata Electronics Systems Solutions

Tata Electronics Systems Solutions (TESS) is an operating company that assembles iPhones at two Indian facilities. [1] source: Mint Tata Trusts proposed merging TESS and Tata Consulting Engineers (TCE) into Tata Sons in September 2026. [2] source: The Hindu BusinessLine[3] source: The Hindu BusinessLine The proposal was presented as a way for Tata Sons to remove its NBFC classification and retain unlisted status. [2] source: The Hindu BusinessLine[3] source: The Hindu BusinessLine

In September 2026, Tata Trusts estimated that Tata Sons’ operating businesses would account for about 64% of its revenue after the proposed merger; this was a Tata Sons revenue estimate, not a TESS revenue figure. [4] source: Hindustan Times[1] source: Mint Another estimate put Tata Sons’ operating revenue at ₹1,05,043 crore as of March 31, 2026, with TESS and TCE included in the proposed combination. [2] source: The Hindu BusinessLine The proposal would require Tata Sons board and RBI approval, and one account said Noel Tata needed 75% shareholder approval. [5] source: Times of India[6] source: Business Today Mint reported that the merger could take 12-18 months if approved. [1] source: Mint