India’s leading company Tata Group is in talks with Wistron, a Taiwanese supplier to manufacture iPhones in a joint venture in India, according to a report by Bloomberg.
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Due to Wistron’s existing plant in India and its contract manufacturing of iPhones for Apple Inc., the conglomerate that produces everything from salt to software may buy a stake in the Taiwanese OEM’s Indian division.
Sources claim that the move is intended to position Tata Group as a major player in the technology manufacturing industry. Tata Group wants to benefit from the Taiwanese company’s supply chain, assembly, and product development skills.
If this agreement is successful, Tata might become the first Indian company to produce iPhones. Currently, Taiwan-based manufacturing behemoths like Wistron and Foxconn Technology Group assemble iPhones in China and India.
As opposed to what Wistron now assembles in India, the new business would try to raise the amount of iPhones produced by as much as five times Manufacture iPhones.
Refusing to comment on the report, the Tata Group. According to sources close to the Cupertino-based Apple, they were not aware of and had not participated in any such discussions.
Industry analysts estimate that producing mechanical parts might help Apple boost the value addition of the iPhone by roughly 5.6 percent, with the existing value addition, given the size of the work in progress.