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Tata's Rs 6K cr plant for iPhones likely to start operations in November

Business Standard LogoBusiness Standard6h ago

Tata's Rs 6K cr plant for iPhones likely to start operations in November - Business Standard

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The factory in Tamil Nadu’s Hosur will be the second iPhone assembly plant for Tata Electronics following its acquisition of Taiwanese EMS player Wistron’s unit, which was in the works for two years.

US-based tech major Apple Inc is set to get its fourth iPhone assembly plant in India, which is being built by its key contract manufacturer Tata Electronics and is likely to start production in November, sources privy to the development said.


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Category: BusinessFinance

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Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-19 @ 00:02:57 (6 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 90 words

Reading Time: 1 minutes read

Sentences: 4 lines

Sentence Length: 23 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 22126290

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Official Website: business-standard.com

Update Frequency: 174 posts per day

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News Last Updated: 6 hours ago

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