{"id":825,"date":"2023-10-28T02:21:30","date_gmt":"2023-10-28T02:21:30","guid":{"rendered":"https:\/\/socialnestham.com\/index.php\/2023\/10\/28\/tata-groups-bold-move-iphones-made-in-india-for-global-markets-in-2-5-years-wistron-acquisition-confirmed\/"},"modified":"2023-10-28T02:21:30","modified_gmt":"2023-10-28T02:21:30","slug":"tata-groups-bold-move-iphones-made-in-india-for-global-markets-in-2-5-years-wistron-acquisition-confirmed","status":"publish","type":"post","link":"https:\/\/socialnestham.com\/index.php\/2023\/10\/28\/tata-groups-bold-move-iphones-made-in-india-for-global-markets-in-2-5-years-wistron-acquisition-confirmed\/","title":{"rendered":"Tata Group\u2019s Bold Move: iPhones \u2018Made in India\u2019 for Global Markets in 2.5 Years, Wistron Acquisition Confirmed"},"content":{"rendered":"<p>\u00a0<\/p>\n<p><a href=\"https:\/\/beforeyoutake.com\/tag\/tatagroup\/\" target=\"_blank\" rel=\"noopener\"><strong>Tata Group<\/strong><\/a>, the renowned Indian multinational conglomerate, is set to enter the world of <a href=\"https:\/\/beforeyoutake.com\/tag\/iphone\/\" target=\"_blank\" rel=\"noopener\"><strong>iPhone<\/strong><\/a> manufacturing. The company\u2019s recent acquisition of <a href=\"https:\/\/beforeyoutake.com\/tag\/wistron\/\" target=\"_blank\" rel=\"noopener\"><strong>Wistron\u2019s<\/strong><\/a> India operations signals a significant move into the production of <a href=\"https:\/\/beforeyoutake.com\/tag\/apple\/\" target=\"_blank\" rel=\"noopener\"><strong>Apple<\/strong><\/a> iPhones, with the aim of exporting them to global markets within two and a half years.<\/p>\n<p>\u00a0<\/p>\n<p><a href=\"https:\/\/rajeev.in\/\" target=\"_blank\" rel=\"noopener\">India\u2019s Minister of State for Electronics and Information Technology, Rajeev Chandrasekhar<\/a>, commended <a href=\"http:\/\/www.pmindia.gov.in\/en\/\" target=\"_blank\" rel=\"noopener\"><strong>Prime Minister Narendra Modi\u2019s<\/strong><\/a> Production-Linked Incentive (PLI) scheme, stating, \u201cWithin just two and a half years, Tata Companies will now start making iPhones from India for domestic and global markets.\u201d He also congratulated the Tata team for taking over Wistron operations.<\/p>\n<p>\u00a0<\/p>\n<p>PM <a href=\"https:\/\/twitter.com\/narendramodi?ref_src=twsrc%5Etfw\">@narendramodi<\/a> Ji&#8217;s visionary PLI scheme has already propelled India into becoming a trusted &amp; major hub for smartphone manufacturing and exports.<\/p>\n<p>Now within just two and a half years, <a href=\"https:\/\/twitter.com\/TataCompanies?ref_src=twsrc%5Etfw\">@TataCompanies<\/a> will now start making iPhones from India for domestic and global markets from\u2026 <a href=\"https:\/\/t.co\/kLryhY7pvL\">pic.twitter.com\/kLryhY7pvL<\/a><\/p>\n<p>\u2014 Rajeev Chandrasekhar  (@Rajeev_GoI) <a href=\"https:\/\/twitter.com\/Rajeev_GoI\/status\/1717852648064598105?ref_src=twsrc%5Etfw\">October 27, 2023<\/a><\/p>\n\n<p>\u00a0<\/p>\n<p>Chandrasekhar further affirmed the Indian government\u2019s full support for the growth of Global Indian Electronics companies, emphasizing their role as trusted manufacturing and talent partners for global electronic brands. This aligns with <a href=\"https:\/\/en.wikipedia.org\/wiki\/Narendra_Modi\" target=\"_blank\" rel=\"noopener\"><strong>Prime Minister Modi\u2019s<\/strong> <\/a>vision of positioning India as a global electronics powerhouse.<\/p>\n<p>\u00a0<\/p>\n<p><strong>Tata\u2019s iPhone Production Plan<\/strong>: <a href=\"https:\/\/www.tata.com\/home-page\" target=\"_blank\" rel=\"noopener\"><strong>Tata Group<\/strong><\/a>, a prominent Indian conglomerate, is set to manufacture Apple iPhones in India with the aim of exporting them to global markets within two and a half years.<\/p>\n<p>\u00a0<\/p>\n<p><strong>Government Support<\/strong>: India\u2019s Minister of State for Electronics and Information Technology, <a href=\"https:\/\/en.wikipedia.org\/wiki\/Rajeev_Chandrasekhar\" target=\"_blank\" rel=\"noopener\"><strong>Rajeev Chandrasekhar<\/strong><\/a>, commended the government\u2019s PLI scheme, emphasizing Tata\u2019s pivotal role in iPhone production.<\/p>\n<p>\u00a0<\/p>\n<p><strong>Acquisition of Wistron\u2019s Operations<\/strong>: Tata\u2019s acquisition of <a href=\"https:\/\/en.wikipedia.org\/wiki\/Wistron\" target=\"_blank\" rel=\"noopener\"><strong>Wistron\u2019s<\/strong><\/a> operations in <a href=\"https:\/\/en.wikipedia.org\/wiki\/India\" target=\"_blank\" rel=\"noopener\"><strong>India<\/strong><\/a> serves as a strategic move to further Apple\u2019s goal of relocating a significant portion of its global iPhone production to India by 2025.<\/p>\n<p>\u00a0<\/p>\n<p><strong>Diversification of Production<\/strong>: This move by <a href=\"https:\/\/www.apple.com\/in\/\" target=\"_blank\" rel=\"noopener\"><strong>Apple<\/strong><\/a> is seen as part of a broader strategy to diversify its manufacturing base beyond China, particularly amid escalating tensions between the U.S. and China.<\/p>\n<p>\u00a0<\/p>\n<p><strong>\u2018Assembled in India\u2019 iPhones<\/strong>: In September, Apple introduced \u2018Assembled in India\u2019 iPhones, comprising 15 models, manufactured at Foxconn\u2019s Tamil Nadu facility. These iPhones are being exported to various regions worldwide.<\/p>\n<p>\u00a0<\/p>\n<p><strong>Apple\u2019s Focus on the Indian Market<\/strong>: Apple has been intensifying its efforts in the Indian market, evident from the opening of two official Apple stores in the country <a href=\"https:\/\/www.apple.com\/in\/retail\/bkc\/\" target=\"_blank\" rel=\"noopener\"><strong>Apple BKC<\/strong><\/a> in Mumbai and Apple Saket in <a href=\"https:\/\/en.wikipedia.org\/wiki\/New_Delhi\" target=\"_blank\" rel=\"noopener\"><strong>New Delhi<\/strong><\/a>.<\/p>\n<p>\u00a0<\/p>\n<p><strong>Tim Cook\u2019s Enthusiasm<\/strong>: Apple\u2019s CEO, Tim Cook, expressed high regard for the Indian market, emphasizing its significance as a major focus area for the company\u2019s operations and growth.<\/p>\n<p>The post <a href=\"https:\/\/beforeyoutake.com\/news\/electronics-news\/tata-groups-bold-move-iphones-made-in-india-for-global-markets-in-2-5-years-wistron-acquisition-confirmed\/\">Tata Group\u2019s Bold Move: iPhones \u2018Made in India\u2019 for Global Markets in 2.5 Years, Wistron Acquisition Confirmed<\/a> appeared first on <a href=\"https:\/\/beforeyoutake.com\/\">Before You Take<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>\u00a0 Tata Group, the renowned Indian multinational conglomerate, is set to enter the world of iPhone manufacturing. The company\u2019s recent acquisition of Wistron\u2019s India operations signals a significant move into the production of Apple iPhones, with the aim of exporting them to global <a class=\"more-link\" href=\"https:\/\/socialnestham.com\/index.php\/2023\/10\/28\/tata-groups-bold-move-iphones-made-in-india-for-global-markets-in-2-5-years-wistron-acquisition-confirmed\/\">Continue reading <span class=\"screen-reader-text\">  Tata Group\u2019s Bold Move: iPhones \u2018Made in India\u2019 for Global Markets in 2.5 Years, Wistron Acquisition Confirmed<\/span><span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"_links":{"self":[{"href":"https:\/\/socialnestham.com\/index.php\/wp-json\/wp\/v2\/posts\/825"}],"collection":[{"href":"https:\/\/socialnestham.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/socialnestham.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/socialnestham.com\/index.php\/wp-json\/wp\/v2\/comments?post=825"}],"version-history":[{"count":0,"href":"https:\/\/socialnestham.com\/index.php\/wp-json\/wp\/v2\/posts\/825\/revisions"}],"wp:attachment":[{"href":"https:\/\/socialnestham.com\/index.php\/wp-json\/wp\/v2\/media?parent=825"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/socialnestham.com\/index.php\/wp-json\/wp\/v2\/categories?post=825"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/socialnestham.com\/index.php\/wp-json\/wp\/v2\/tags?post=825"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}