Earlier this year in May, Tata Electronics explored land near its Hosur manufacturing facility for electronics. Sources confirm the establishment of a major plant in Hosur for producing phone components.
The Tata Group is planning a substantial expansion of its iPhone-casing unit in Hosur, aiming for a plant twice the size of the current one. The existing Rs 5,000 crore investment spans 500 acres and employs over 15,000 people, expected to increase to 25,000-28,000 after expansion.
Tata Electronics is set to enhance its contract manufacturing capabilities for high-end electronic items and accessories, following the acquisition of Wistron's iPhone assembly plant, as reported by The Economic Times.
According to a government official, the new facility may be exclusively for Apple phone components, but the potential use for manufacturing high-end phones from other companies cannot be dismissed.
Tata Electronics explored land near its Hosur facility in May, with an industry source confirming the establishment of a major plant for phone components. Apple has chosen Tata Electronics as its vendor to diversify manufacturing away from China, specifically outsourcing iPhone enclosure production to them.
Apple CEO Tim Cook recently expressed excitement about the Indian market, citing a record revenue in the June-September quarter. A Counterpoint report noted a significant 34% YoY growth for Apple in India during the same period, marking the best quarter for Apple's shipments in the country, exceeding 2.5 million units.
