Tata Group, one of India’s largest conglomerates, has reportedly reached a deal with Taiwanese electronics manufacturer Pegatron to set up an iPhone manufacturing plant in the southern state of Tamil Nadu. This strategic partnership aims to boost India’s domestic manufacturing capabilities and reduce reliance on imports.
The new facility will be a significant addition to India’s growing electronics manufacturing ecosystem. By establishing a local manufacturing base, Apple can benefit from lower production costs, reduced import duties, and potential incentives offered by the Indian government.
India has been actively promoting its “Make in India” initiative, aiming to attract global manufacturers and reduce its dependence on imports. The partnership between Tata and Pegatron is a significant step towards this goal.
The establishment of an iPhone manufacturing plant in India will create jobs, stimulate local economies, and contribute to India’s technological advancements. This move aligns with the government’s vision of making India a global manufacturing hub.
While specific details of the partnership have not been officially disclosed, industry sources suggest that the plant will initially focus on manufacturing iPhone models for the domestic market, with the potential for exports in the future.