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Posted On
date_range 11 Jan 2023 3:00 PM IST Updated On
date_range 11 Jan 2023 3:00 PM ISTTatas' iPhone plant to boost India's prospects as manufacturing hub: Reports
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New Delhi: Tata Group has expressed the hope that India can become an electronics manufacturing hub after the conglomerate succeeded in its efforts to take over an iPhone assembly plant in Bengaluru, according to reports quoted by IANS.
Reports quoting N. Ganapathy Subramaniam, chief operating officer of TCS from an interview, said that the move by the group should be really good for India as it would create an opportunity in the country to manufacture electronics.
Tata Group, the reports further added, has been in talks with Apple Inc.'s Taiwanese supplier Wistron Corp. and is looking to finalise the purchase of its assembly factory near Bengaluru by March.
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