HIGHLIGHTS
- The Tata group will begin producing iPhones in India.
- These iPhones will be sold in both domestic and international markets.
- Read below to know more.
The Tata group will begin producing iPhones in India for both domestic and international markets, according to an announcement made today by Rajeev Chandrasekhar, Minister of State for Information Technology following the Tata Group’s acquisition of Wistron’s Indian operations. According to the minister, this is clear evidence of Prime Minister Narendra Modi’s revolutionary plan for the country’s electronics manufacturing industry.
Chandrasekhar praised the initiatives taken to establish internationally renowned Indian electronics manufacturing businesses. According to him, the government’s visionary plan is made to serve both domestic and foreign consumers and advance India’s rise to prominence as a reliable worldwide leader in the electronics manufacturing sector.
Chandrasekhar commended PM Modi for his innovative Production-Linked Incentive (PLI) program, which has already propelled India into the elite ranks of reputable and significant hubs for the production and export of smartphones.
PM @narendramodi Ji's visionary PLI scheme has already propelled India into becoming a trusted & major hub for smartphone manufacturing and exports.
Now within just two and a half years, @TataCompanies will now start making iPhones from India for domestic and global markets from… pic.twitter.com/kLryhY7pvL
— Rajeev Chandrasekhar ?? (@Rajeev_GoI) October 27, 2023
These “Made in India” iPhones will be sold in both domestic and international markets, enhancing India’s standing as a major participant in the electronics manufacturing industry. Chandrasekhar congratulated the Tata team on their incredible achievement, which now entails taking over Wistron’s activities.
Furthermore, he conveyed his gratitude to Wistron for their invaluable input. The fruitful collaboration between Apple and these Indian businesses is a significant step toward creating an international supply chain that starts in India. Chandrasekhar stressed the Ministry of Electronics and Information Technology’s (MeitY) steadfast support for the expansion of Indian electronics industries around the world.
In turn, these companies are essential in helping international electrical manufacturers who want to engage with India for talent and manufacturing. Their partnership is in line with Prime Minister Modi’s larger goal of making India a major player in the global electronics industry.
India is on the verge of becoming a major force in the electronics manufacturing industry thanks to the combination of corporate initiatives, government policies, and international partnerships.
