Key Points
New Delhi: Contract manufacturer Pegatron is in advanced talks to sell a majority stake in its iPhone manufacturing unit near Chennai to Tata group, people aware of the matter told ET...
Tata group acquired its local operations for $125 million (1,000 crore) in November last year, becoming the first Indian company to manufacture iPhones...
But as the ecosystem develops, Indian companies are proving major players. "Not only iPhone production, but even components and sub-assemblies are being handled by Indian firms, thereby creating the whole ecosystem," said an executive in the electronics industry...
Apple is building a large ecosystem of Indian suppliers to support the shift of a significant chunk of production from China, where most iPhones are currently made...
Tata Electronics is one of the key component suppliers for Apple, making enclosures and other parts for iPhones at its Hosur facility...
You might be interested in
Tatas get a bite of Apple, start manufacturing iPhone in Bengaluru
16, May, 23Best of the Week News: In an ambitious manufacturing move in India, the Tata Group has started making the Apple iPhone within the country as it seeks to acquire the Narasapu
Apple supplier Wistron stops making iPhones in India, report says
23, May, 23Wistron entered the Indian market in 2008. It started off by establishing a repair facility for various devices it manufactured, including PCs, laptops, and servers.
Tata Group closes in on deal to become first Indian iPhone maker
11, Jul, 23India Business News: Tata Group, India’s largest conglomerate, is reportedly in talks to acquire the Wistron Corp factory in southern Karnataka state, which employs over 1
Tata Electronics acquires 100% stake in Wistron India
09, Nov, 23The Tata Group has signed an agreement with SMS InfoComm (Singapore) and Wistron Hong Kong Limited to acquire full stake (100 per cent) equity stake in Wistron Infocomm Manufacturing (India), enabling the Tata Group to officially join the Apple supply chain as an iPhone assembler.
Tata set to be first Indian firm to manufacture iPhones in India as Wistron factory deal nears
11, Jul, 23Wistron's factory in Karnataka is potentially valued at $600 million (over Rs 4000 crore). The facility employs over 10,000 workers that assemble the latest-gen iPhone 14.
iPhone maker Foxconn buys huge site in Bengaluru
09, May, 23Taiwan-based Foxconn reportedly bought a 300-acre site in Devanahalli, near the Bengaluru airport.
Pegatron India's iPhone factory shutdown to go into third day after fire - sources
26, Sep, 23A production shutdown at Apple supplier Pegatron's (4938.TW) India iPhone factory is expected to extend into Wednesday and disruptions could last longer as authorities investigate a fire at the Taiwanese firm's only India plant, four sources said.
Apple iPhone assembler Foxconn buys 300-acre site in Bengaluru
09, May, 23Taiwanese electronics giant Foxconn, the world's top contract electronics manufacturer and a principal assembler of Apple iPhone has bought a huge tract of land on the outskirts of Bengaluru, the key Apple supplier said in a filing Tuesday as it looks to diversify production away from China.
Tata Group becomes first Indian company to make iPhones locally
28, Oct, 23Acquires Taiwan’s Wistron Group’s Bengaluru unit for $125 million. Tata Group is set to become India’s first homegrown iPhone maker after Taiwan’s Wistron Group agreed to sell a plant in Bengaluru to India’s largest conglomerate.