Tata group in talks with Wistron to assemble iPhones

The Tata group is in talks with Wistron to build iPhones

It was not immediately clear whether Apple knew about the talks.

Indian conglomerate Tata Group is in talks with Taiwanese supplier Wistron Corp to set up a joint venture to assemble Apple’s iPhones in India, Bloomberg News reported on Friday.

The venture would be the Indian salt-to-software group’s latest venture into technology manufacturing as it leverages Wistron’s expertise in product development, supply chain and assembly, Bloomberg added, citing people with knowledge of the matter.

Cupertino, California-based Apple has bet heavily on India since it began assembling iPhones in the country in 2017 through Wistron and later Foxconn, in line with the Indian government’s push for local manufacturing.

It was not immediately clear whether Apple knew about the talks, the report said.

The plan could see the Tata group buy equity in Wistron’s Indian operations, or the two companies build a new assembly plant, or both, the report added.

Although the details of the deal are not finalized, the Tatas could end up with a stake in Wistron’s non-smartphone manufacturing business, Bloomberg said.

Apple, Tata Group and Wistron did not immediately respond to requests for comment.

Sanjit
Sanjit

I am Sanjit Gupta. I have completed my BMS then MMS both in marketing. I even did a diploma in computer software and Digital Marketing.

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