Monday, January 30, 2023
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Tata Group in Talks to Assemble iPhones in India

Tata Iphone News: Tata Group in Talks to Assemble iPhones in India

Tata is the first company to manufacture iPhones in India. The company has set up a plant in Noida, Uttar Pradesh, which will have the capacity to produce 1 million units per month. This is a major boost to the Make in India initiative of the government, and will create jobs and promote economic growth. Tata is known for its quality products and services, and this move will help it gain a larger share of the smartphone market in India. The company has already started manufacturing the iPhone 6s and 6s Plus, and will soon start production of the iPhone 7.

Report: Tata Iphone News

The Tata Group is in talks with Apple to assemble iPhones in India, a move that would help the US tech giant boost its presence in the world’s second-largest smartphone market.

Tata Sons, the holding company of the Indian conglomerate, is in advanced discussions with Apple to produce the iPhone at its plant in Noida, Uttar Pradesh, The Economic Times newspaper reported on Tuesday, citing people familiar with the matter.

The report comes just days after Apple CEO Tim Cook met with Indian Prime Minister Narendra Modi to discuss ways to expand the Cupertino-based company’s footprint in the country.

If the deal goes through, it would be a major coup for the Indian government’s ‘Make in India’ initiative, which aims to attract foreign companies to set up manufacturing operations in the country.

It would also be a boost for Tata, which is seeking to regain its position as India’s largest conglomerate after losing out to Mukesh Ambani’s Reliance Industries in recent years.

The Indian company already has a significant presence in the country’s telecoms and consumer goods markets, and setting up an iPhone assembly plant would help it gain a larger share of the lucrative smartphone market.

Tata is not the only Indian company that has been in talks with Apple to assemble iPhones in the country. Foxconn, the world’s largest contract manufacturer, is also said to be considering setting up a plant in India.

However, any deal between Apple and Tata would likely face regulatory hurdles, as the Indian government is seeking to promote local manufacturers.

The Economic Times report comes just days after Apple CEO Tim Cook met with Indian Prime Minister Narendra Modi to discuss ways to expand the Cupertino-based company’s footprint in the country.

If the deal goes through, it would be a major coup for the Indian government’s ‘Make in India’ initiative, which aims to attract foreign companies to set up manufacturing operations in the country.

It would also be a boost for Tata, which is seeking to regain its position as India’s largest conglomerate after losing out to Mukesh Ambani’s Reliance Industries in recent years.

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The Indian company already has a significant presence in the country’s telecoms and consumer goods markets, and setting up an iPhone assembly plant would help it gain a larger share of the lucrative smartphone market.

Tata is not the only Indian company that has been in talks with Apple to assemble iPhones in the country. Foxconn, the world’s largest contract manufacturer, is also said to be considering setting up a plant in India.

However, any deal between Apple and Tata would likely face regulatory hurdles, as the Indian government is seeking to promote local manufacturers.

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