Tata could start manufacturing iPhones in India soon

Tata could start manufacturing iPhones in India soon
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Tata is looking to acquire Winstron, one of the three manufacturers of Apple products in India.

Tata is going to open 100 Apple stores in India.

Winstron will continue as a service partner for Apple in India.

Tata has been trying to take over Taiwan’s Apple manufacturer Winstron for some time now and the mega-conglomerate will finally be able to manufacture iPhones in India if the deal closes. Tata is also taking over Winstron’s 2.2 million-square-foot factory, 50 kilometres away from Bangalore which includes 10,000 workers including engineers.

Tata

According to a report by the Economic Times, sources aware of the deal leaked the news to Economic Times but asked to keep their names confidential as the deal is not public yet. However, Winstron is not entirely leaving manufacturing behind. The company will continue as a service partner to Apple in India but Tata will hold the majority stake if this deal closes as per the terms of both companies. On the other hand, the other two Apple manufacturers in India, Foxconn and Pegatron Corp are also expanding their business. 

If it all goes according to plan then the deal should be closed in March. Tata will take over Winstrons position, which gives it government incentives as well. The next cycle of incentives will begin on April 1st which is the start of India's financial year, said a person familiar with the deal. Although, the deal between Tata and Winstron is not announced officially. By all accounts, the deal will be a game changer for Apple due to the problems going on with the manufacturing of products in China amid COVID tensions. 

Tata

Tata is also planning to open 100 Apple stores all over the country with the first one opening in Mumbai. 

Mustafa Khan

Mustafa Khan

Mustafa is new on the block and is a tech geek who is currently working with Digit as a News Writer. He tests the new gadgets that come on board and writes for the news desk. He has found his way with words and you can count on him when in need of tech advice. No judgement. He is based out of Delhi, he’s your person for good photos, good food recommendations, and to know about anything GenZ. View Full Profile

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