Tata Group Nears Agreement to Become India’s First iPhone Assembler

  • Tata Group is close to acquiring Wistron Corp.’s factory, potentially worth over $600 million, where the latest iPhone 14 model is assembled.
  • This move could bolster India’s manufacturing sector and reduce global electronics’ reliance on China, supporting Prime Minister Narendra Modi’s initiatives.
  • Tata Group, which already makes iPhone chassis, continues its expansion into the electronics and e-commerce sectors.
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