Latest news : Tata purchased Apple iPhone in India

Tata Company has purchased Wistron Infocom Manufacturing India (P) Limited, a Taiwanese electronics manufacturer that makes Apple phones in India, for $125 million on Friday (27 Oct, 2023). Now Tata Group will soon start manufacturing Apple iPhone in India for domestic and global markets. For this, Tata has increased the recruitment in its Hosur factory, where it makes components for Apple iPhone.

Apple is trying to move a larger share of its iPhone production out of China to countries like India and Vietnam, yet manufacturing costs in both emerging markets are lower than in the United States.

India is at the center of Apple’s future manufacturing plans. Wistron started assembling iPhones in India in 2017. Apple later recruited Foxconn for the same purpose. Tata has also announced that it will launch 100 Apple Stores in the country with a population of 1.4 billion.

Wistron is the 3rd Taiwanese company in India. Apple’s iPhones are primarily assembled by Taiwanese manufacturing giants such as Pegatron Corp and Foxconn Technology Group. Wistron is one of the three Taiwanese iPhone makers in India, along with Foxconn and Pegatron. Despite this, Wistron failed to penetrate deeper into the iPhone maker’s supply chain and faced challenges from local employment norms, forcing it to leave the country.

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