Tata Group gears up for new iPhone assembly plant as Apple expands India footprint ...Middle East

New Delhi:  In a further boost to the ‘Make in India’ initiative, business conglomerate Tata Group is geared up for a new iPhone assembly plant in the country that is likely to become operational in the festive quarter of 2024. The iPhone unit by Tata is being built in Hosur, Tamil Nadu. The iPhone facility is expected to employ over 50,000 workers, mostly women. The 250-acre Hosur plant will manufacture iPhones using components from a unit that Tata set up a couple of years ago. Tata Electronics is reportedly investing Rs 6,000 crore in the new plant. The Tata Group acquired Taiwanese electronics manufacturer Wistron’s India operations for $125 million in October last year. The iPhone cont

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