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Tata plans new iPhone factory to hasten Apple’s India expansion; Set to employ 50000 workers

10Dec

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Technology

Tata plans new iPhone factory to hasten Apple’s India expansion; Set to employ 50000 workers

[ad_1] Conglomerate Tata Group plans to build one of India's biggest iPhone assembly plants, tapping Apple Inc.'s ambitions to increase manufacturing in the South Asian country.Tata wants to construct the factory in Hosur in the southern Tamil Nadu state, according to people with knowledge of the matter. The facility will likely have about 20 assembly lines and employ 50,000 workers within two years, according to the people, who declined to be named discussing unannounced plans. The goal is for the site to be operational in 12 to 18 months. The plant would bolster Apple's efforts to localize its supply chain and strengthen its partnership with Tata, which already has an iPhone factory it acquired from Wistron Corp. in the neighboring Karnataka state. Apple is diversifying its operations...

Apple to manufacture more than 50 mn iPhones, 25 pct of its annual global production in India

[ad_1] Apple has major plans for India. According to a report, Apple and its suppliers will manufacture as many as 50 million units of iPhone each year. This number will be as much as one-fourth or 25 percent of the global production of iPhones. The factories in India will be ramped up to meet the production demand in the next two to three years. The production quantity is expected to be increased even further, once the current plan is reached. After that additional tens of millions of units of iPhones will be added to the lineup.The information comes from a report by the Wall Street Journal, which stated, “Apple and its suppliers, led by Taiwan-based Foxconn Technology Group, generally believe the initial push into India has gone well and are laying the groundwork for a bigger expansio...

From manual pricing to ChatGPT: How Air India is transforming under Tata

[ad_1] Air India, until recently tied to an antiquated manual pricing system when setting airfares, is shifting to algorithm-based software long used by rivals to help it squeeze out more revenue from each flight. In another sign of the formerly government-owned carrier's whirlwind transformation under its new owner Tata Group, Air India is testing ChatGPT, OpenAI's popular chatbot, to replace paper-based practices. The push to modernise underscores the decay left by years of under-investment as Air India looks to shed decades-old bureaucratic processes and recapture customers from Dubai's Emirates and powerful domestic rival IndiGo. "Frankly the system is almost so bad it's good," Chief Executive Officer Campbell Wilson told Indian airline executives last week, adding that this offer...