Tuesday 16 May 2023

Betrich99_Is Tata Group's move bound to get an order from Apple?

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Will get an Apple order?

Indian conglomerate Tata Group is currently acquiring the Indian manufacturing facilities of Taiwan's electronic contract manufacturer, Wistron. Tata Group is preparing to join the Apple iPhone manufacturing family and aims to become the fourth-largest Apple iPhone contract manufacturer in India.


Wistron established an iPhone assembly plant in Karnataka, India. Since the end of last year, various Indian media outlets have reported Tata Group's interest in acquiring Wistron's Indian facilities, although Wistron has not confirmed it yet.

According to this Taiwanese businessman, securing an Apple iPhone manufacturing order would be the first instance for an Indian local manufacturer and a significant breakthrough for the "Make in India" policy. With higher profitability and group efficiency, if the acquisition rumors are true, it could be considered a win-win transaction.
This move would also benefit Tata Group, positioning it as the fourth-largest Apple iPhone contract manufacturer after Foxconn, Luxshare, and Pegatron. It would contribute to the Indian economy, generate job opportunities, and create a truly win-win situation.


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