Tata envisions a new plant for production of Apple iPhone in India
With Tata Group planning to invest in a manufacturing plant in Hosur, Tamil Nadu, Apple iPhone may soon have a new factory in India. With 20 production lines and 50,000 workers, the facility is anticipated to rank among the largest iPhone assembly operations in India. Apple and Tata might both apply for government funding for the facility.
The report suggests that the new Tata Group facility will be one of India’s biggest iPhone assembly plants. It is expected to have 20 assembly lines and 50,000 workers in the coming two years. The company is looking at a 12 to 18 months timeline to make the facility operational. Both Apple and Tata may also approach the government seeking subsidies for the new iPhone manufacturing plant.
The new facility will most likely begin production when the existing state-backed financial incentives are set to expire. Although the plant is expected to be much bigger than the one that Tata Group acquired from Wistron that employs over 10,000 people, it will still be mid-sized when compared to other iPhone factories globally. For reference, Foxconn’s biggest China facilities employ hundreds of thousands of people.
See What’s Next in Tech With the Fast Forward Newsletter
Tweets From @varindiamag
Nothing to see here - yet
When they Tweet, their Tweets will show up here.