Tata To Manufacture iPhone Parts As Apple Looks Set To Penetrate Indian Market

As Apple Inc looks set to penetrate Indian market, industrial major Tata group is reportedly investing Rs 5,000 crore in a manufacturing facility which makes iPhone parts.

The manufacturing plant will generate employment for around 18,000 employees by October 2021 and a huge chunk of work force will comprise women.

According to reports, the land allocation has already been done at Hosur in Tamil Nadu. The century-old group got the nod from Tamil Nadu Industrial Development Corporation (TIDCO) to acquire around 500 acres of land.

Tata has already formed a new entity known as Tata Electronics which will subsequently linkup with Apple to produce iPhone parts and thereby manufacturing cheaper handsets for Indian consumers.

Tata Group
Tata Group

Analysis About Global Mobile Manufacturing Market
The mobile phone manufacturing market is a big industry, it has the potential to continue growing and create more markets. Global smartphone exports fell 11.7% in the first quarter of 2020. Also in this period companies exported 275.8 million smartphones.

According to several media reports, an inauguration ceremony of the land at the facility was held on October 27. Besides, two southern states- Tamil Nadu and Karnataka- were involved in bringing the investment to their respective states, with TN getting the bragging rights.

Titan Engineering and Automation (TEAL), a unit of Titan, will oversee the establishment of the production facility, which can be expanded further in coming years. The plant will also cater to the needs of Asia-Pacific region as majority of exports will be to APAC countries including Bangladesh and Pakistan.


Tim Cook: The man who made Apple a mega-brand!
The startup circuit has witnessed the rise of many big brands that have revolutionized the technology. The credit for making technologies accessible goes to Apple. The team has worked restlessly and continues to be the brand that states a person’s economical status. The 21st century will be characte…

Tata group's plan to join hands with Apple will surely support the Make in India initiative of the central government. Since Apple already has Foxconn making iPhone models within India, the new plant will reportedly focus on iPhone components instead of overall smartphone assembly and manufacturing.

Recently, Apple launched its next-generation iPhone 12, with faster 5G connectivity that the  company hopes will spur consumers to trade in their old phones and keep its sales booming throughout 2021.


List of 24 Startups Funded by Ratan Tata
> “If you want to walk fast, walk alone. But if you want to walk far, walk together.” - Ratan Tata, Tata Group The Tata Group has invested in numerous sectors of the economy through decades, be it telecom, software, groceries or fashion. The behemoth has infiltrated a number of markets. As the Chai…

Author image

About Tanusha Verma

  • Uttarakhand
You've successfully subscribed to StartupTalky
Great! Next, complete checkout for full access to StartupTalky
Welcome back! You've successfully signed in.
Success! Your account is fully activated, you now have access to all content.
X