Tata Electronics to soon manufacture iPhone casings in India
What's the story
Tata Electronics, a subsidiary of the Tata Sons, has recently embarked on a strategic collaboration aimed at bringing iPhone casing production to India.
This move indicates a shift away from dependence on China for these components.
The company has invested in advanced machinery crucial for manufacturing iPhone casings, marking an important step towards self-reliance.
Tata Electronics has joined forces with companies in Pune and Bengaluru to advance the development of precision machinery for iPhone casing production.
Export goals
Tata Electronics's initiative could pave the way for future exports
This initiative by Tata Electronics is not just about boosting local production; it also paves the way for potential future exports.
It could significantly contribute to India's ambitious target of achieving $300 billion in electronics exports by 2025.
"The Tata Group is testing these machines in a staged manner at their Hosur facility," an insider disclosed to Economic Times.
Manufacturing ecosystem
Tata Electronics to establish 40 production lines at Hosur plant
Tata Electronics's commitment to enhancing local capabilities is evident in its plan to establish approximately 40 production lines at its Hosur plant.
This strategy goes beyond mere assembly and aims to foster a comprehensive manufacturing ecosystem within India.
Tata Group is close to securing a controlling interest in Pegatron's Indian iPhone manufacturing facilities.
Bloomberg reported that the Tata Group may finalize a deal to take control of Pegatron's iPhone manufacturing operations in India as early as May.