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Tata groups in manufacturing of apple iphones

Roshan j

Future Automobile Engineer | Specializing in Electric Vehicles and designer

发布日期: 2023年10月28日

Tata Group will begin manufacturing iPhones in India for both domestic and global markets, announced India's Deputy IT Minister Rajeev Chandrasekhar on Friday, just moments after Wistron's board approved the sale of the Taiwanese firm's plant in southern India to the tech-to-airline conglomerate.

Wistron's board of directors has approved the sale of Wistron InfoComm Manufacturing (India) Pvt to Tata for $125 million, according to a stock exchange filing on Friday. Wistron, one of India's three iPhone manufacturers, said the deal was finalized after strategic considerations in response to the firm's reshaping of its global manufacturing strategy.

The agreement comes after the two companies negotiated terms for over a year. Tata is set to become the first Indian company to assemble iPhones.

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Tata groups in manufacturing of apple iphones

Roshan j

Future Automobile Engineer | Specializing in Electric Vehicles and designer

Roshan j的更多文章

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