Tata Group to become first homegrown iPhone maker in India

On Friday, Rajeev Chandrasekhar, India’s Minister of Electronics and Information Technology, announced that Tata Group is poised to start producing Apple iPhones in India, targeting both domestic and global markets in just two and a half



years.

Wistron corp. has decided to sell a plant in the Southern part of the country to Tata. In a statement, Taiwanese electronics manufacturer Wistron said the transaction price is tentatively estimated at USD 125 million.