Tata Group to Manufacture Apple iPhones in India, Marking a Landmark Shift in Global Supply Chain Strategy
The Tata Group, in collaboration with Apple Inc., is set to revolutionize the global electronics manufacturing landscape as they announce plans to produce Apple iPhones in India for both domestic and international markets. This groundbreaking development, to commence within two and a half years, highlights India’s burgeoning manufacturing capabilities and signals a significant departure from Apple’s previous reliance on Chinese production.
The move is attributed to the financial incentives provided by Prime Minister Modi’s government, aiming to boost local manufacturing, and Apple’s strategic decision to diversify its supply chain beyond China amidst the ongoing Washington-Beijing trade tensions. Tata’s foray into iPhone production represents a landmark achievement, making it India’s first domestic iPhone manufacturer.
Rajeev Chandrasekhar, Electronics and Technology Minister, expressed strong support for the growth of global Indian electronics companies and their collaboration with renowned international brands. This partnership aligns with Prime Minister Modi’s vision of positioning India as a global electronics powerhouse.