Tag: tata iphone factory

Tata plans new iPhone factory to hasten Apple’s India expansion; Set to employ 50000 workers
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...
Tata Group to buy iPhone making facility in India; Know all details
Technology

Tata Group to buy iPhone making facility in India; Know all details

[ad_1] Tata Group could buy Wistron’s iPhone manufacturing facility in Bengaluru as part of a new deal. Tata Group could end up buying Wistron's iPhone manufacturing facility in India. Based on a new report by The Economic Times, it is said that the Tata Group is in talks with Taipei's Wistron Corp to buy its manufacturing facility in Karnataka for a sum of Rs. 5000 crore. Wistron's facility is one of Apple's top manufacturing vendors in India for its popular iPhone smartphones. There have been rumours of the Tata Group eyeing a share of the iPhone manufacturing scene in India for a while now, with a Government official hinting at the same.Wistron is one of the key manufacturers for Apple in India, joining forces with Foxconn to manage the demand for iPhones in India and several globa...