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Dec 08, 2023 04:41 PM
BUSINESS

Tata Plans New iPhone Factory to Hasten Apple’s India Expansion

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Apple is diversifying its operations away from China by working with assembly and component manufacturing partners in South and Southeast Asia. Photo: Bloomberg
Apple is diversifying its operations away from China by working with assembly and component manufacturing partners in South and Southeast Asia. Photo: Bloomberg

(Bloomberg) — Conglomerate Tata Group plans to build one of India’s biggest iPhone assembly plants, tapping Apple Inc.’s ambitions to increase manufacturing in the South Asian country.

Tata wants to construct the factory in Hosur in the southern Tamil Nadu state, according to people with knowledge of the matter. The facility will likely have about 20 assembly lines and employ 50,000 workers within two years, according to the people, who declined to be named discussing unannounced plans. The goal is for the site to be operational in 12 to 18 months.

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