Tata Group Collaborates with Wistron to Establish Largest iPhone Production Facility in India for Apple
Inauguration of Tata's State-of-the-Art iPhone Factory in Tamil Nadu
While Apple's iPhones have long been crafted by major suppliers such as Foxconn and Wistron, Tata Group's recent alliance with Wistron marks a pivotal moment, making Tata the premier Indian iPhone manufacturer. Set to grace Hosur in Tamil Nadu, the colossal iPhone assembly plant aligns seamlessly with Apple's extensive production expansion strategy in India.
Pioneering Advancements and Employment Opportunities
The brand-new Tata iPhone manufacturing hub plans to embrace 20 cutting-edge assembly lines, promising the creation of up to 50,000 employment opportunities in the upcoming two years. Operations are slated to kick off within a span of 12 to 18 months. Apple's concerted effort to broaden its supply chain beyond China is demonstrated through heightened iPhone manufacturing activities in India. Collaboratively, Apple and its affiliates aim to achieve an annual production target of over 50 million iPhones in India within the next two to three years.
Stimulating Growth through Production-Linked Incentives
Incentives tied to production have notably catalyzed the expansion of crucial Apple suppliers within India. The trend of iPhone assembly has witnessed a substantial upsurge, eclipsing the landmark figure of 7 billion US Dollars in the preceding fiscal year, thereby constituting 7% of Apple's global production output. The inauguration of this state-of-the-art facility underscores the deepening strategic interplay between Apple and the esteemed Tata Group.
