Reports indicate the Tata Group's plans to establish a sizable iPhone assembly plant in Hosur, Tamil Nadu, among India's largest. Anticipated to encompass around 20 assembly lines, the facility aims to employ approximately 50,000 workers within a two-year span, aiming for operational status within 12 to 18 months. This move aligns with Apple's strategy to expand its manufacturing footprint within India. Despite no official statements from Tata Group or Apple, this initiative echoes Apple's objective to diversify its manufacturing beyond China. Tata Group presently operates an iPhone manufacturing unit in Karnataka, procured from Wistron Corp. Apple's collaboration with assembly partners across India, Thailand, and Malaysia signifies a strategic shift away from reliance solely on China. The proposed Hosur facility is expected to exceed the scale of Tata's existing Wistron-acquired unit, which currently employs over 10,000 individuals. Simultaneously, Apple aims to manufacture over 50 million iPhones annually in India, part of its strategy to reduce production dependence on China, as reported by the Wall Street Journal, citing sources familiar with the matter.
Key Points:
1. The Tata Group intends to establish one of India's largest iPhone assembly plants in Hosur, Tamil Nadu, featuring approximately 20 assembly lines and an estimated workforce of 50,000 employees within a span of two years.
2. This move aligns with Apple's strategy to expand its manufacturing footprint in India, although neither Tata Group nor Apple has issued any official statements about this development yet.
3. Tata Group presently operates an iPhone manufacturing unit in Karnataka, previously acquired from Wistron Corp, and this new facility aims to outscale the current operation.
4. Apple has been collaborating with manufacturing and assembly partners across various countries, including India, Thailand, and Malaysia, as part of its strategy to diversify production outside of China.
5. Reports indicate that Apple's target involves manufacturing over 50 million iPhones annually in India, signaling a strategic shift away from China and a significant push toward expanding its production capacities in the South Asian nation.
(With Agency Inputs)
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