It's Official. Tata To Make iPhones In India For Global Market
Tata Group will start making Apple iPhones in India for domestic and global markets within two and a half years, announced Electronics and Technology Minister Rajeev Chandrasekhar today. The development underscores India's growing production prowess and reflects a significant departure from Apple's previous strategy of selling mostly Chinese-made new devices to frenzied customers across the world.
"@GoI_MeitY stands fully in support in growth of Global Indian Electronics companies that will in turn support global Electronic brands that want to make India their trusted manufacturing and talent partner and to realize PM's goal of making India a global electronics power," Mr Chandrasekhar posted on X, formerly Twitter.
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The takeover of the Wistron Corp factory in Karnataka by India's largest conglomerate has capped about a year of negotiations.
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The 155-year-old group - which sells everything from salt to tech services - sought to make inroads into electronics production and e-commerce over the past few years.
Post a commentThe company already makes iPhone chassis, or the metal backbone of the device, at its factory spread over hundreds of acres of land in Tamil Nadu.
Read more at:
https://www.ndtv.com/india-news/apple-iphone-to-now-be-made-in-india-by-tata-group-4519908
Courtesy: ndtv.com
PM Modi's financial incentives to boost local manufacturing and Apple's strategy to look beyond China amid a Washington-Beijing trade war have helped India become increasingly important to the iPhone maker's diversification drive.
New Delhi:Tata Group will start making Apple iPhones in India for domestic and global markets within two and a half years, announced Electronics and Technology Minister Rajeev Chandrasekhar today. The development underscores India's growing production prowess and reflects a significant departure from Apple's previous strategy of selling mostly Chinese-made new devices to frenzied customers across the world.
"@GoI_MeitY stands fully in support in growth of Global Indian Electronics companies that will in turn support global Electronic brands that want to make India their trusted manufacturing and talent partner and to realize PM's goal of making India a global electronics power," Mr Chandrasekhar posted on X, formerly Twitter.
……………….
………………..
The takeover of the Wistron Corp factory in Karnataka by India's largest conglomerate has capped about a year of negotiations.
Listen to the latest songs, only on JioSaavn.com
The 155-year-old group - which sells everything from salt to tech services - sought to make inroads into electronics production and e-commerce over the past few years.
Post a commentThe company already makes iPhone chassis, or the metal backbone of the device, at its factory spread over hundreds of acres of land in Tamil Nadu.
Read more at:
https://www.ndtv.com/india-news/apple-iphone-to-now-be-made-in-india-by-tata-group-4519908
Courtesy: ndtv.com
