Tata to make iPhones in India

Manish Singh, writing for TechCrunch:

Tata Group will start making iPhones in India for the local and global markets, India’s Deputy IT Minister Rajeev Chandrasekhar said on Friday, after the Taiwanese firm Wistron entered a deal with the salt-to-tech conglomerate.

Tata Group has acquired Wistron InfoComm Manufacturing (India) Pvt for $125 million, the Taiwanese firm said in a stock exchange filing. Wistron said it finalized the deal after strategic considerations in response to the reshaping of the firm’s global manufacturing strategy.

October 27, 2023 ✚ Permalink

Apple to Invest $1 billion in India

Pankaj Doval, reporting for TOI

“Apple will be investing $1 billion in India through its partners. They have said the production will be used for meeting the demand for its products across global markets,” an official source told TOI.

Foxconn, Taiwan’s contract manufacturing behemoth and the biggest production partner for Apple globally, will be investment partner for the iPhone maker’s latest push. Its factory in Chennai will be used to manufacture products for Apple’s global markets. Also, a host of component suppliers to the company will be making investments in the region for the local push.

Good to see these activities in recent times, although I’d like to see some concrete results from all this.

September 17, 2019 ✚ Permalink