Tata Group wants to purchase the iPhone Maker Wistron in India

Tata Group is in talks to purchase Wistron Corp. of Taipei, one of Apple Inc.’s top suppliers in India, for up to 5,000 crore ($612.6 million). In 2017, Wistron started producing iPhones in India, following years of efforts by Apple to expand its manufacturing presence there. The Taipei-based business now assembles iPhones at its facility in the southern Indian state of Karnataka.

According to a September report by Bloomberg News, the Taiwanese supplier to Apple Inc. and Tata Group are negotiating to form a joint venture in India to manufacture electronics with the goal of assembling iPhones there.

Wistron
credit: economictimes

If the agreement is successful, Tata might become the first Indian business to manufacture iPhones, which are now primarily put together in China and India by Taiwanese manufacturing behemoths like Wistron and Foxconn Technology Group.

The country’s efforts to compete with China, whose dominance in electronics manufacturing has been threatened by sweeping Covid lockdowns and political problems with the US, would receive a huge boost from an Indian company producing iPhones. It might also convince other major global electronics manufacturers to think about doing their assembly in India in order to lessen their dependency on China at a time when geopolitical dangers are rising.

Electronics and high-tech manufacturing are two main areas of focus for the company, India’s largest conglomerate with annual revenue of around $128 billion, according to Tata Group Chairman Natarajan Chandrasekaran. Tata does much of its business in sectors like software, steel, and automobiles, but it has pioneered the smartphone supply chain by beginning to produce iPhone chassis components in southern India.

Wistron
credit: economictimes

A deal with Tata would provide Wistron’s Indian company, which is experiencing losses, a strong local partner with substantial resources. According to a Bloomberg story, Tata’s reach extends to the automotive industry, especially electric vehicles, a market that many of the world’s IT behemoths are eager to enter.

With an investment of 1,250 crore, Wistron InfoComm recently became the single largest investor under the government’s production-linked incentives (PLI) scheme for large-scale electronics manufacturing. Samsung and Foxconn local units came in second and third, with 900 crore and 650 crore, respectively. The programme was introduced by the government in March 2020 to promote manufacturing and generate employment.

Also Read:

Source

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.

More like this

Appl

Apple’s Dream of an All-Glass iPhone Lives On: New...

Apple has never been shy about pushing design boundaries, but a newly granted U.S. patent shows just...
Trump’s Tariff Tsunami: Apple’s Supply Chain Under Siege

Trump’s Tariff Tsunami: Apple’s Supply Chain Under Siege

Trump slams Apple with up to 46% tariffs! Discover how these new levies impact Apple’s global supply...
Apple Watch SE Refresh: A Plastic Chassis Sparks Controversy Among Apple’s Design Team

Apple Watch SE Refresh: A Plastic Chassis Sparks Controversy...

Apple is known for its premium materials, but a major shift could be on the horizon. Reports...
M5 MacBook Air: Apple’s Next-Gen Laptop Already in Development

M5 MacBook Air: Apple’s Next-Gen Laptop Already in Development

Apple’s M5 MacBook Air is already in development despite recent M4 launch. Discover release timeline, expected specs,...
Apple Watch With a Camera? Here’s What to Expect by 2027

Apple Watch With a Camera? Here’s What to Expect...

Apple is set to revolutionize the wearable tech industry once again. Reports suggest that by 2027, we...

LATEST NEWS

Mohammed Siraj Becomes 12th Indian Pacer to Cross the 100 IPL Wickets Milestone

In the fast-paced world of T20 cricket, where batsmen often steal the spotlight, a young pacer from Hyderabad has etched his name in the...

Barcelona Legends vs Real Madrid Legends 2025 Match Highlights as Real beat Barca 2-0!

The football world stood still on April 6, 2025, as the El Clasico Legends match in Mumbai brought together football icons from two of...

Sanju Samson Breaks Shane Warne’s Record, Becomes RR’s Most Successful Captain

In the glittering world of the Indian Premier League (IPL), where legends are born and records are shattered, a new name has etched itself...

Samsung One UI 7 Update will Start Rolling out on these Devices Starting Next Week: Check if your device is Eligible!

In the ever-evolving world of smartphone technology, Samsung is set to make waves once again with its latest user interface update. The One UI...

Featured