New Delhi: In a significant development for India’s electronics manufacturing sector, Tata Group is set to commence production of iPhones within the country. The announcement came through a social media post made by Union Minister of State for Electronics and Technology, Rajeev Chandrasekhar.
According to the minister, Tata Group is poised to start the production of iPhones for both domestic and global markets within the next two and a half years. This strategic move is expected to mark a milestone in India’s efforts to become a manufacturing hub for high-end electronics.
Minister Chandrasekhar extended his heartfelt congratulations to Tata Group for its commitment to this venture. He emphasised the Indian government’s unwavering support for the growth of global Indian electronics companies, which, in turn, will contribute to the success of renowned global electronic brands.
In a separate meeting held today, Wistron, the Taiwanese electronics manufacturer, made a significant announcement regarding its Indian operations. The board of Wistron has officially approved the sale of Wistron InfoComm Manufacturing (India) Private Limited to Tata Electronics Private Limited for a sum of 125 million US dollars. This move underscores Tata Group’s determination to establish a strong foothold in the Indian electronics manufacturing landscape.
The collaboration between Tata Group and Wistron is expected to leverage the strengths of both companies, combining Tata’s extensive manufacturing expertise with Wistron’s technological capabilities. This synergy is aimed at accelerating the production of iPhones in India, catering to the robust domestic market, and contributing to Apple’s global supply chain.
The development holds immense promise for India’s electronics manufacturing sector, bringing with it the potential for job creation and economic growth. It is anticipated that the production of iPhones on Indian soil will not only enhance India’s position in the global electronics market but also make high-quality devices more accessible to Indian consumers.
The partnership between Tata Group and Wistron, backed by the support of the Indian government, is a testament to India’s commitment to fostering a conducive environment for technological innovation and manufacturing excellence. As the project unfolds over the next few years, it is poised to reshape the landscape of electronic manufacturing in India and boost the country’s standing in the global electronics industry.
