Tata Group is apparently planning on buying a manufacturing facility from one of Apple’s suppliers. The company aims to acquire the iPhone manufacturing plant of Wistron that is set up in India. So here are all the details.
The Indian conglomerate is reportedly in talks with the Taiwanese supplier to buy out the iPhone production facility that is situated in the region, as per sources close to the matter (Via Economic Times). The company was previously rumored to be eyeing the iPhone production site earlier this year, and now it seems like the plan has seemingly moved forward. We had also reported that Tata Group may soon build iPhones for Apple in India. Tata was in discussions with Wistron to enter into a partnership to setup a joint electronics manufacturing venture in India.
This collaboration would primarily revolve around the production of iPhones in the country. The company is supposedly planning on working with Wistron to get access to its expertise in product development, supply chain, and assembly. For those unaware, Apple has been working on diversifying its supply chain outside of China and has been expanding it to regions like India and Vietnam. So this joint venture would’ve had Wistron’s iPhone assembling output to rise by over five times in India.
Interestingly enough, Tata has already entered the smartphone supply chain for Apple iPhones. It is currently building iPhone chassis components in the Southern part of India. Apart from Wistron, another Apple supplier called Pegatron and Foxconn assemble iPhone models in India, with the former recently deciding on building the company’s latest iPhone 14 series in the region.
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