Tata Group is set to become first Indian company to manufacture Apple iPhones. Tata Group is building its iPhone assembly plant in Hosur, Tamil Nadu. The Tata Group bought Wistron’s Indian operations, including a plant near Bengaluru, to manufacture iPhones. The company is also hiring more people at its assembly center Hosur. It is expected to have 20 assembly lines and can employ 50,000 workers within two years. And, expected to be operational within 12 to 18 months.
Tata is also planning to open 100 retail Apple stores dedicated to Apple products for sale in India. Apple is reportedly getting away from China and planning to diversify its operations in India, Malaysia, Thailand, and more places.
Apple Analyst Ming-Chi Kuo writes in X (former twitter):
As my prediction a year ago.
— 郭明錤 (Ming-Chi Kuo) (@mingchikuo) October 29, 2023
如同我一年前的預測
Tata to make iPhones in India after buying Wistron businesshttps://t.co/suWMFue8MJ https://t.co/fUF7fT0tcr
Inshort, Tata Group plans to:
- Manufacture and assemble iPhones for domestic and global markets
- Launch 100 Apple stores in India
- Build the largest iPhone assembly plant in the country(India)
- Begin preliminary manufacturing for the iPhone 17 in late 2024
Factors that could affect the market and pricing include:
- The terms of the acquisition
- Tata’s manufacturing capabilities
- Apple’s strategy and pricing decisions
