If deal goes through, Tata will be India’s first manufactureriPhonecompany of. At present, the iPhone is mainly produced by Wistron, Foxconn, etc.appleOEMs assemble in factories in China and India.
Details such as the structure and ownership of the deal have not been finalized and talks are ongoing, the people said, speaking on condition of anonymity. The plan could call for Tata to buy a stake in Wistron’s India business, or the two companies could build a new assembly plant, one of the people said. They may also implement both at the same time, the person said.
It’s unclear if Apple was aware of the negotiations. Apple is known to partner with local companies in the regions where it builds manufacturing bases, but assembling iPhones is a complex task that requires meeting the US company’s stringent deadlines and quality control requirements.
The goal of the new joint venture is to eventually increase the number of iPhones assembled by up to five times what Wistron is currently assembling in India, one of the people said. The tie-up could also give Mumbai-based Tata access to Wistron’s smart technology, people familiar with the matter said.cell phonepart of a manufacturing business other than that.