News > Tata nears Wistron’s iPhone plant takeover to grow Apple supply role

Tata nears Wistron’s iPhone plant takeover to grow Apple supply role

10/01/2023 12:02 PM | Click to read full article

Tata Group is close to taking over a major plant in southern India in a deal that would give the country its first homegrown iPhone maker. The airline-to-software conglomerate has been in talks with the factory’s owner, Taiwan’s Wistron Corp, for months, and is looking to complete the purchase by the end of March. If the acquisition goes through, Tata will take over all its eight iPhone lines, as well as the plant’s 10,000 workers, including a couple of thousand engineers.

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