Tatas in talks to buy Wistron’s K’taka plant

New Delhi, July 14 Tata Group is understood to be in advanced stages to acquire the Karnataka manufacturing unit of Taiwan-based Wistron, a contract manufacturer for Apple, to become the first Indian iPhone maker, sources said. The acquisition will be...

Tribune Web Desk

Updated At : 03:42 PM Jul 15, 2023 IST

New Delhi, July 14

Tata Group is understood to be in advanced stages to acquire the Karnataka manufacturing unit of Taiwan-based Wistron, a contract manufacturer for Apple, to become the first Indian iPhone maker, sources said.

The acquisition will be carried out through Tata Electronics, a wholly-owned subsidiary of Tata Sons, the promoter holding firm of salt-to-software conglomerate Tata Group, they added. — Reuters

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