Tata Group Ventures into iPhone Manufacturing in India

Tata Group Acquires Wistron Unit

In a revolutionary move, Tata Group, the renowned Indian conglomerate, has acquired the Wistron InfoComm Manufacturing (India) unit, making it the first Indian company to produce iPhones. This strategic acquisition positions Tata as a leader in iPhone manufacturing within India. The deal, valued at $125 million, marks a significant milestone for the Indian electronics industry.

Boosting Domestic iPhone Production

As part of Prime Minister Narendra Modi’s Production Linked Incentive (PLI) scheme, Tata Group has committed to initiating iPhone production in India within the next two and a half years. This not only strengthens the domestic iPhone manufacturing sector but also brings about a positive transformation in the Indian electronics industry. Tata’s iPhones will be made available in both domestic and global markets, thereby enhancing India’s role in the global electronics market.

Approval Process and Expansion Plans

The Tata-Wistron deal is set to progress to the next stage as the relevant agreements approach approval. Tata plans to assemble iPhones at its existing facility near Bengaluru. Additionally, the conglomerate aims to establish 100 stores across the country exclusively dedicated to selling Apple products. This expansion plan further establishes Tata’s presence in the Indian electronics market and strengthens its partnership with Apple.

The Indian iPhone Assembly Landscape

Aside from Tata’s recent acquisition, other global suppliers such as Foxconn and Pegatron are already involved in iPhone assembly in India. Operating in Tamil Nadu, these companies have played a significant role in the growth of the Indian electronics manufacturing sector. This year, India achieved a notable milestone as “Assembled in India” iPhone 15 models became available for purchase on launch day. With Tata’s entry into iPhone manufacturing, India’s position in the global electronics industry is set to strengthen even further.

India’s success in attracting technological investments and becoming a prominent player in iPhone production highlights the country’s potential in the evolving landscape of the global smartphone market. Tata’s venture into iPhone manufacturing creates new job opportunities and reinforces India’s status as a hub for cutting-edge manufacturing technologies.