Tata Group will soon buy Apple’s Indian supplier plant. A local company will produce iPhones after closing. By August, it may be sold.
The Tata Group wants a Karnataka Wistron Corporation factory. The iPhone 14 is being made at the $600 million, 10,000-person plant.
Wistron Corp. plans to ship $1.8 billion in iPhones and triple the factory’s workforce by March 2024. Tata Group will honor these commitments after buying the plant. Taiwanese iPhone manufacture in India will end with Wistron Corp.’s purchase.
Recent Indian government measures have promoted industry. Apple has been trying to diversify iPhone manufacture outside of China by adding South Asian nations. Foxconn Group and Pegatron Corporation have also increased production.
An Indian business making iPhones may inspire other multinationals to outsource production to India to reduce their dependence on China.
The Tata Group was said to manufacture the iPhone 15 and iPhone 15 Plus in India. The Tata Group’s purported lowered orders signal that the iPhone 15 and iPhone 15 Plus will receive small orders.
It may also indicate that India will receive the first shipment of the new iPhone series in September.
Conclusion
Tata Group is buying Wistron Corporation’s $600 million Indian supplier plant to make iPhones for the first time. The iPhone 14 is made at the 10,000-person, $600 million plant. Wistron Corp. will ship $1.8 billion in iPhones and triple its employees by March 2024. The deal may end iPhone manufacture in India. Apple has been trying to diversify its iPhone production by adding South Asian nations, while the Indian government has promoted manufacture in India.
Indian companies making iPhones may inspire global enterprises to outsource production to India to minimize their dependence on China. A earlier rumor stated Tata Group will manufacture the iPhone 15 and iPhone 15 Plus in India, but purported lowered orders suggest the firm will only receive small orders. This might suggest India will receive the first shipment of the new iPhone series in September.
