36.7 C
Delhi

Tata Group intends to double production at its iPhone facility in Hosur

The production plant for the iPhone owned by Wistron was recently acquired by the Tata Group, making it the first Indian company to manufacture the device. Before that, Tata was already producing some spare components for Apple at its Hosur site in Tamil Nadu, including the iPhone casing.

Tata Group intends to double production at its iPhone facility in Hosur

Per reports, the Tata Group is currently considering doubling the output capacity of its Hosur facility. Tata is reportedly under pressure from Apple to meet strict deadlines for producing iPhones in India that would be sold to other countries.

Tata Group intends to double production at its iPhone facility in Hosur
credit: wccftech

The project will add 28,000 new employees to the current 15,000, and it should be finished in 12 to 18 months. As ET was informed by a top government source, “The company is looking to expand the unit to 1.5–2 times the current size and capacity.” Not only may the new plant serve other premium smartphone manufacturers, but it might produce parts mainly for Apple phones.

Tata Group intends to double production at its iPhone facility in Hosur

The IT giant with headquarters in Cupertino has been depending more and more on Tata Electronics to supply the growing demand for iPhone exports. Notably, Apple overtook Samsung in the second quarter of this year to take the top spot for smartphone exports from India, accounting for 49% of all shipments as opposed to 45% for its Korean counterpart.

- Advertisement -TechnoSports-Ad
Tata Group intends to double production at its iPhone facility in Hosur

According to the most recent estimates, Apple shipped iPhones worth over $5 billion from India in the first seven months of FY24 (April–October), a phenomenal 177% year-over-year gain. This highlights the mutually beneficial collaboration between Apple and Tata Electronics and strengthens India’s position in the world’s smartphone manufacturing industry.

Buy iPhone from Amazon: https://amzn.to/47Ty0Er

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.

TechnoSports-Ad

Popular

TechnoSports-Ad

Related Stories

More from author

WhatsApp to shut down its operations in India if?

If WhatsApp had to weaken chat encryption any time soon, it warns it would stop operating in India. Users are protected by end-to-end encryption...

Pixel 8a new images rendered & rumored to have 7 years of updates

Once more, the Pixel 8a has leaked, as has been the case on a weekly basis lately. However, this leak differs from previous ones...

Apple’s market share declines in China by 25% YOY: Canalys Report

Apple isn't getting too many positive headlines in China from iPhone sales. An approximately 19% decline in iPhone sales was reported in China last...

What reasons led to the downfall of Nokia? The Decline and Fall Story of Nokia

NOKIA, a formerly well-known brand in the mobile phone sector, has seen both success and loss along the way. Between the end of the...