In exciting news for Indian manufacturing, Tata Group will start producing Apple iPhones in India in the coming years. This breakthrough was announced today by the Minister of Electronics and Technology, Rajeev Chandrasekhar.
This is a real feat for India’s growing production capabilities and marks a major shift from Apple’s usual approach of selling Chinese-made devices around the world. Tata will become the first Indian company to manufacture iPhone locally.
In a post on This aligns with Prime Minister Modi’s goal of transforming India into a global electronics power.
The minister also thanked Wistron Corp for strengthening India’s global supply chain with Indian companies leading the effort. Tata has acquired Wistron’s India operations for around $125 million, according to an announcement at its board meeting today.
Apple’s decision to look beyond China amid trade tensions, along with Prime Minister Modi’s financial incentives to boost local manufacturing, have made India increasingly vital to the iPhone maker’s diversification.
P.M @Narendra Modi Ji’s visionary PLI plan has already propelled India to become a major and reliable hub for smartphone manufacturing and export.
Now, in just two and a half years, @TataCompanies will now start manufacturing Indian iPhones for domestic and global markets… pic.twitter.com/kLryhY7pvL
– Rajeev Chandrasekhar 🇮🇳 (@Rajeev_GoI) October 27, 2023
As Chandrasekhar pointed out, Modi’s forward-thinking PLI plan has already made India a reliable major hub for smartphone manufacturing and exports. With the acquisition of Wistron’s factory in Karnataka, India’s largest conglomerate, Tata has culminated nearly a year of negotiations to advance electronics and e-commerce.
The 150-year-old tech giant already makes iPhone chassis at its sprawling facility in Tamil Nadu. This latest development highlights India’s growing power as a manufacturing powerhouse and is great news for Indian jobs and exports!
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Categories: Technology
Source: vtt.edu.vn