Tatas in talks with Wistron to make iPhones

New Delhi, September 9

Tata Group is in talks with Taiwanese supplier Wistron Corp to establish a joint venture to assemble Apple’s iPhones in India, Bloomberg reported on Friday.

The venture would be the Indian salt-to-software group’s latest push into technology manufacturing as it taps Wistron’s expertise in product development, supply chain and assembly, the news agency added, citing people with knowledge of the matter.

Cupertino, California-headquartered Apple has bet big on India since it began iPhone assembly in the country in 2017 via Wistron and later with Foxconn, in line with the government’s push for local manufacturing.

It wasn’t immediately clear if Apple was aware of the talks, the report said.

The plan could result in the Tata Group buying equity in Wistron’s India operations or the two companies building a new assembly plant, or executing both those moves, the report added. — Reuters

Plans afoot

• The plan could result in the Tatas buying equity in Wistron’s India operations or the two companies building a new plant, or executing both these moves
• Apple began iPhone assembly in India in 2017 via Wistron and later with Foxconn