Tata to make iPhone in India for domestic and global market

Published on

Advertisement

Tata corp is all set to make India’s first homegrown iPhone after Winston corp approved the sale of an assembly plant in Bangalore.

Tata corp was in talks with the Tiawanese corp for over an year to get the approval for the plant.

“Within just two and a half years, Tata Companies will now start making iPhones from India for domestic and global markets. Congratulations to the Tata team for taking over Wistron operations. Thank you Wistron for your contributions, and great going for Apple in building a global supply chain from India with Indian companies at its helm,” said Union Minister Rajeev Chandrashekhar.

On Friday the company gave a statement confirming board approval for the sale of Wistron InfoComm Manufacturing (India) Private Ltd. to Tata for $125 million.

The companies will seek regulatory approvals after the deal is confirmed by both parties.

Latest articles

Trump, Xi and Putin Prepare for Historic Three-Way Summit in China

The world is preparing for a significant diplomatic moment as United States President Donald...

Ukraine-Russia Peace Talks Enter Second Day as Territorial Disputes Remain Major Obstacle

Peace negotiations between Ukraine and Russia entered their second day in Abu Dhabi on...

Delhi Pollution Crisis Deepens as AQI Reaches 324, GRAP-II Restrictions Come Into Force

Delhi's air pollution crisis has intensified with the national capital's Air Quality Index (AQI)...

Russian Drone Hits Passenger Trains in Dnipro, Leaving at Least 13 Dead

A Russian drone strike on a railway platform in the Ukrainian city of Dnipro...
Advertisement
Advertisement