Tata Group to make Apple iPhones in India for domestic, global markets6Photo© firstpost.com

Tata Group to make Apple iPhones in India for domestic, global markets

, 11 news, 3 views

In a significant move that underscores India’s growing importance in the global smartphone manufacturing landscape, Tata Group is all set to initiate the production of iPhones on Indian soil. This development comes on the heels of Tata’s acquisition of Wistron’s operations, a strategic move aimed at catering to both the domestic and international markets.

The announcement was made by the Union Minister of State for Electronics & Technology, Rajeev Chandrasekhar, who took to X to share this groundbreaking news.

Wistron Corp., the former operator, held a pivotal Board of Directors Meeting on the same day, during which they granted approval for their subsidiaries, SMS InfoComm (Singapore) Pte. Ltd. and Wistron Hong Kong Limited, to enter into a Share Purchase Agreement with Tata Electronics Private Limited (TEPL).