Tata Group Set To Become First Indian iPhone Manufacturer For Domestic & International Market

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New Delhi: Tata companies are expected to produce India's first homemade iPhones for both the domestic and global markets, as announced by Union Minister Rajeev Chandrasekhar in the X post.

Wistron's board of directors has granted approval for its subsidiaries, SMS InfoComm (Singapore) Pte. Ltd. and Wistron Hong Kong Limited, to sign the Share Purchase Agreement with Tata Technologies Private Limited (TEPL) for the sale of its 100% indirect stake in Wistron Infocomm Manufacturing (India) Private Limited (WMMI). The deal is worth Rs 1,000 crores and has been signed between them.

Congratulating the Tata team for taking over Wistron's operations, the company that was earlier in charge of producing iPhones, Rajeev said: 'The Ministry of Electronics, Information, and Technology stands fully in support of the growth of Global Indian Electronics companies. These companies will, in turn, support global electronic brands that want to make India their trusted manufacturing and talent partner and help realize the Prime Minister's goal of making India a global electronic power.

PM @narendramodi Ji's visionary PLI scheme has already propelled India into becoming a trusted & major hub for smartphone manufacturing and exports.

Now within just two and a half years, @TataCompanies will now start making iPhones from India for domestic and global markets from… pic.twitter.com/kLryhY7pvL

— Rajeev Chandrasekhar (@Rajeev_GoI) October 27, 2023

Earlier, Apple announced to produce iPhones 15 in India in order to promote Make-In-India and production-linked incentive.