Tata to Start Manufacturing iPhones in India: This Could Be a Game-Changer

Tata to start manufacturing iPhones in India

Image Credits: Dhiraj Singh / Bloomberg / Getty Images

Tata Group to Make iPhones in India, a Boost to Country's Electronics Manufacturing Ambitions

In a major boost to India's electronics manufacturing ambitions, the Tata Group has announced that it will start making iPhones in the country for the local and global markets. This comes after Wistron, one of the three iPhone manufacturers in India, approved the sale of its plant in the southern part of the country to Tata for $125 million.

Tata, which is set to become the first Indian firm to assemble iPhones, is a 155-year-old conglomerate with businesses in a wide range of sectors, from salt and steel to tech consultancy services. The firm has also announced that it will launch 100 Apple stores in India.

The announcement of Tata's foray into iPhone manufacturing comes after Google revealed its plans to begin assembling its Pixel smartphone lineup in India. This is a sign of the growing interest among global electronics companies in India as a manufacturing hub.

India is actively offering financial incentives worth billions of dollars to attract global companies to establish manufacturing operations in the country. The government is also focused on promoting local manufacturing through policy support such as lower taxes and production-linked incentive schemes.

With India's growing domestic demand and the government's focus on local manufacturing, the country's electronics manufacturing industry is poised for robust growth in the medium term. The Tata Group's entry into iPhone manufacturing is a significant step in this direction.

Here is a more human-friendly version of the article:

Tata Group to Make iPhones in India: A Great Leap Forward for the Country's Electronics Manufacturing

Tata Group, India's largest conglomerate, has announced that it will start making iPhones in the country for both the local and global markets. This is a major boost to India's ambitions of becoming a global electronics manufacturing hub.

Tata's decision to enter iPhone manufacturing comes after Wistron, one of the three iPhone manufacturers in India, approved the sale of its plant in the southern part of the country to Tata for $125 million. Tata will become the first Indian firm to assemble iPhones.

Tata Group is a 155-year-old conglomerate with businesses in a wide range of sectors, including salt, steel, and tech consultancy services. The firm has also announced that it will launch 100 Apple stores in India.

Google, another global tech giant, has also announced plans to begin assembling its Pixel smartphone lineup in India. This is a sign of the growing interest among global electronics companies in India as a manufacturing hub.

India is actively offering financial incentives worth billions of dollars to attract global companies to establish manufacturing operations in the country. The government is also focused on promoting local manufacturing through policy support such as lower taxes and production-linked incentive schemes.

With India's growing domestic demand and the government's focus on local manufacturing, the country's electronics manufacturing industry is poised for robust growth in the medium term. Tata Group's entry into iPhone manufacturing is a significant step in this direction.

The move is expected to create jobs and boost the Indian economy. It will also help to reduce India's reliance on imported electronics.