News on Medial

Tata Group to Manufacture Apple iPhones in India A Shift from China-Centric Production

Business BytesBusiness Bytes · 1y
Tata Group to Manufacture Apple iPhones in India A Shift from China-Centric Production

Tata Group's plan to manufacture Apple iPhones in India signifies a shift from Apple's China-centric production strategy and highlights India's growing role in global electronics manufacturing. The collaboration involves Tata Group's acquisition of Wistron Corp's operations, aiming to diversify Apple's supply chain. India's favorable manufacturing environment and government initiatives, including the Production-Linked Incentive (PLI) scheme, make it an attractive destination for tech giants. Apple's commitment to producing a quarter of its global units in India within the next few years is part of its strategy to reduce supply chain vulnerabilities and geopolitical risks. This collaboration reflects evolving dynamics in global manufacturing and technology, with India's potential impact on the economy, employment, and technological advancement.

Comments

Download the medial app to read full posts, comements and news.