India is the second largest smartphone market and Apple is enjoying a good ride in India as well and the company has two stores in the country. Apple has been making iPhones in the country since 2016 and the brand has three contract manufacturers namely Foxconn, Wistron, and Pegatron. This year, the Cupertino-based company sold the Made in India iPhone 15 as well which is a great thing for the market of India. Today we have a good piece of information that makes each and every Indian proud as Tata Group becomes the first Indian company to manufacture iPhones in the country. So let’s get into the article to check out the full details.
The Indian IT Minister Rajeev Chandrashekar has officially posted a post on his official X (formerly Twitter) handle to congratulate Tata Group for taking over Wistron’s operations in the country and this recents the exit of Wistron from the iPhone assembly business in the country. It is worth mentioning that this is the first time and Indian company will be making iPhones.
PM @narendramodi Ji's visionary PLI scheme has already propelled India into becoming a trusted & major hub for smartphone manufacturing and exports.
Now within just two and a half years, @TataCompanies will now start making iPhones from India for domestic and global markets from… pic.twitter.com/kLryhY7pvL
Now let’s check out the details of the deal, the deal between Tata Group and Wistron is worth $125 million (around Rs 124.9 crores) and the plant of Wistron is located in Karnataka which is in the southern part of the country.
The minister has also confirmed that Tata Group will commence the production of iPhones from the country for the domestic as well as global markets within two and a half years. This will definitely provide a big boost to the market of India.
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Love to play with latest technology and gadgets and always been curious and mystic about the tech world. Always wanting to update with anything that is useful and beneficial to people in general. Manages multiple blogs and portals...
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