After successfully acquiring an iPhone assembly plant in Bengaluru, the conglomerate Tata Group is optimistic that India will become a centre for the manufacture of electronics.
Ganapathy Subramaniam, chief operating officer of TCS, was quoted in newspapers as saying that the group’s decision should be really positive for India because it will provide the nation a chance to produce electronics.
According to additional sources, Tata Group has been in talks with Wistron Corp., a Taiwanese supplier to Apple Inc., and hopes to complete the acquisition of its assembly plant close to Bengaluru by March.
Last year, it was also reported that, not just phones manufacturing, but In order to maintain a healthy supply chain in the face of disruptions from Covid, Apple is apparently looking to move some iPad manufacture to India at the same time that it wants to move more iPhone production away from China to India.
In an effort to move up to 30% of its manufacturing outside of China, Apple intends to move iPad production to India.
The IT giant is accelerating its production plans in Vietnam and India in response to the upheaval in China over the zero-Covid policy, which has seriously interrupted its supply chain and caused a significant shortage of new products.