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News on Medial
AP fire-hit Foxlink back on track with a new Tamil Nadu plant
Economic Times
·
1y ago
Medial
Taiwanese supplier Foxlink, which produces iPhone charging cables for Apple, is building a plant in Oragadam, near Chennai, as part of its expansion plan. This comes after a fire incident at its facility in Tirupati last year. The new plant is expected to begin production soon and the company is considering expanding its product portfolio. Foxlink, an affiliate of Foxconn, also has a presence in Noida. Apple and Foxlink have not responded to queries. The move aligns with Apple's push for diversifying its supply chain from China, with India emerging as a significant manufacturing hub for iPhones.
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Tata To Partially Restart Operations At Fire-Hit iPhone Unit in Hosur
Inc42
·
10m ago
Medial
- Tata Electronics to resume operations at fire-hit iPhone facility in Hosur, Tamil Nadu. - A major fire broke out at the Tata Electronics' iPhone plant last week. - Production at the facility was suspended indefinitely following the fire incident. - Apple has sent a supplier responsibility team to assess the situation and provide guidance to the contract manufacturer. - Tata Electronics is now working on restoring and reopening the facility.
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Apple Vendor Foxlink To Set Up New Unit In Tamil Nadu
Inc42
·
1y ago
Medial
Foxlink, an Apple vendor and Foxconn affiliate, is reportedly building a new manufacturing unit near Chennai in India. The move comes after a fire at Foxlink's Tirupati unit last year, which caused significant damage. The new plant in Oragadam is expected to begin production soon, and Foxlink is looking to expand its product portfolio. This expansion follows difficulties in sustaining operations at the Andhra Pradesh facility. Foxlink manufactures cables, connectors, power management devices, and battery packs for consumer electronics companies, including Apple. Apple itself is increasing its production in India to reduce dependence on China.
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Tata Electronics Gets Show Cause Notice Over iPhone Plant Fire
Inc42
·
9m ago
Medial
The Tamil Nadu government has issued a show cause notice to Tata Electronics after a major fire broke out at its iPhone manufacturing plant in Hosur last month. The fire disrupted operations at the plant, and Apple sent a Supplier Responsibility team to assess the situation and provide guidance to the contract manufacturer.
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Apple may need to turn to China after Tata plant fire
Economic Times
·
10m ago
Medial
- A fire at Tata Group's iPhone component plant in India could hamper production ahead of the festive season sales surge. - The fire has caused an indefinite production halt at Tata's Hosur plant in Tamil Nadu, the only Indian supplier of iPhone back panels and some other parts. - India's iPhone sales during the festive season could be impacted by up to 15% due to the fire. - Apple may offset the impact by importing more components and re-routing export inventory towards India. - Apple suppliers typically carry a three- to four-week stock of back panels, which could prevent an immediate impact on production. - If the production suspension continues, Apple may consider setting up another assembly line in China or adding shifts there to secure parts for India's iPhone manufacturers.
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SC defers plea on re-opening Vedanta's Tamil Nadu copper smelter plant to Feb 20
Money Control
·
1y ago
Medial
The Supreme Court has deferred the hearing on Vedanta's plea to February 20, regarding the reopening of its Sterlite copper smelter plant in Tamil Nadu. The court suggested the formation of a committee to study the feasibility of reopening the plant, and senior advocates representing Tamil Nadu and the state's pollution control board expressed their intention to consult with stakeholders. The plant was closed in 2018 due to violent protests and alleged violations of environmental norms. Vedanta is seeking periodic access to the plant for maintenance work.
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Ather Energy To Set Up Third Manufacturing Facility In Maharashtra As EV Sales Rise
Inc42
·
1y ago
Medial
Ather, an electric vehicle startup, plans to expand its manufacturing and set up a new plant in Hosur, Tamil Nadu. This move aims to increase its market reach and reduce logistics costs. The company already operates two facilities in Tamil Nadu for battery production and vehicle assembly. Ather is preparing for an initial public offering (IPO) and faces competition from Ola Electric and TVS.
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Tata’s INR 6K Cr iPhone Unit To Kick Off Operations In November
Inc42
·
11m ago
Medial
Tata Electronics is investing INR 6,000 Cr in building a new iPhone factory in Hosur, Tamil Nadu. The factory is set to begin operations in November and will be the company's second iPhone assembly plant in India, with plans to launch iPhones from this facility. This comes after Tata acquired Wistron's assembly plant in Karnataka last year.
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Tata’s ₹6,000 crore Hosur facility to begin manufacturing iPhones in November 2024, says report | Mint
Livemint
·
11m ago
Medial
Tata Electronics' iPhone manufacturing plant in Hosur, Tamil Nadu, is set to commence production in November. It is Apple's fourth assembly plant in India and will be dedicated to manufacturing iPhones. The facility is expected to employ 50,000 blue-collar workers, making it the second-largest iPhone facility in Tamil Nadu. The plant aims to boost Apple's local production and supply chain localization efforts in India. The expansion of manufacturing in India is part of Apple's strategy to diversify its operations beyond China.
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Tamil Nadu CM MK Stalin inaugurates VinFast's first EV plant in India at Thoothukudi
IndianStartupNews
·
4d ago
Medial
Tamil Nadu Chief Minister M.K. Stalin inaugurated VinFast's first Indian electric vehicle (EV) plant in Thoothukudi. The facility, located on 408 acres, can initially produce 50,000 vehicles annually, with expansion plans to 150,000 units. Specializing in assembling premium SUVs for domestic and export, it marks VinFast’s third global facility. The plant aims to boost India’s manufacturing ambitions, leveraging Tamil Nadu's industrial strength and skilled labor. VinFast targets 200,000 global deliveries in 2025.
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Tata Electronics to partially resume work at fire-hit iPhone component plant
Economic Times
·
10m ago
Medial
- Tata Electronics to resume operations at fire-hit plant in southern India - Efforts made to identify the cause of the fire at Tata Electronics' Hosur facility - Apple iPhone component production to recommence following the incident - Company spokesperson confirms resumption of some operations since Saturday - Tata Electronics working diligently to investigate the fire incident at the plant
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