Apple iPhones Go Local Tatas’ $125 Million Deal with Wistron Spurs ‘Made in India’ Production

Tata Group will begin producing Apple iPhones in India for both domestic and global markets, according to Union Minister of State for Electronics & Technology, Rajeev Chandrasekhar. This marks Tata India’s first homegrown iPhone maker, following Wistron Corporation’s agreement to sell a plant in the southern part of the country to the conglomerate. Wistron InfoComm Manufacturing (India) Private Ltd. was approved for sale to Tata for $125 million.

Wistron: With Wistron deal, Tata to become first Indian company to make iPhones – The Economic Times (indiatimes.com)