Tag

Tata

All articles tagged with #tata

businesstechnology2 years ago

Apple Expands iPhone Production in India, Eyes Growing Market Potential

Tata is planning to build India's largest iPhone assembly plant in Tamil Nadu, which is expected to have over 20 assembly lines and employ over 50,000 workers within two years. The plant aims to strengthen Apple's supply chain localization efforts and could lead to increased competition with Samsung. The new facility is expected to be operational by late 2024 and may help reduce the cost of Apple smartphones due to increased local production. Tata Electronics has already acquired an iPhone factory in Karnataka and has started hiring for the Tamil Nadu plant.

business2 years ago

Apple's Ambitious Plan: Dominating iPhone Production in India

Apple plans to expand iPhone manufacturing in India over the next few years, aiming to assemble nearly a quarter of all iPhones in the country annually. The company's top suppliers, including Foxconn, are also pushing for expanded manufacturing in India. Additionally, Indian conglomerate Tata plans to build the country's largest iPhone assembly plant in Tamil Nadu. India has been chosen as the primary site for manufacturing a new budget iPhone, and Apple has started working with local contractors for this purpose. The move reflects Apple's efforts to reduce its reliance on China and tap into India's growing market.