According to reports, the Tata Group has begun producing iPhones in India. The announcement coincides with Wistron’s plans to stop producing iPhones in India.
Details on Tata Group begins manufacturing iPhones close to Bengaluru
The Times of India reports that Tata Group is attempting to buy Wistron’s factory in Naraspura, which is close to Bengaluru, and has begun producing Apple’s iPhones there. Wistron has ‘firmly chosen to entirely abandon the Apple operations’ in the nation, according to sources close to the situation, although neither Tata Group nor Wistron officials have yet commented on the situation. However, the corporation is still open to investigating more manufacturing options in the nation.
Additionally, according to the source, Tata Group has already taken possession of the location, and certain corporate officials are currently working out of Wistron’s production facility in Naraspura, close to Bengaluru. Officials from the Tata Group have begun participating in a number of divisions at the production complex, including HR, administration, and operations.
High-ranking representatives from Apple, Wistron, and Tata Group Chairman N Chandrasekaran are in charge of the ground-breaking project.
It is noteworthy that the announcement comes shortly after Apple CEO Tim Cook and Tata Group Chairman N Chandrasekaran met on the sidelines of the opening ceremonies for the company’s first two stores, Apple BKC in the Jio World Drive in Mumbai’s Bandra-Kurla complex and Apple Saket in Delhi’s Select CityWalk. The two CEOs allegedly discussed the short- and long-term goals of their relationship during the meeting.
If the rumour is accurate, the Tata Group will become the fourth company to produce Apple devices in India, joining Foxconn, Pegatron, and Luxshare. Additionally, it will be the first domestic producer of Apple products in the nation.
The development will be a great boost for the Indian government, which has been pressuring major IT corporations to establish roots in the nation, in addition to the Tata Group.
It is important to note that a significant portion of Wistron’s business in the nation is conducted out of the company’s factory in Karnataka, which employs roughly 12,000 people. Separately, the Hindu Business Line reported that Wistron would be ceasing operations and was “likely to approach the National Company Law Tribunal and the Registrar of Companies to dissolve its India operations within the next year.”