Tata Electronics invests Rs 6,000 crore to establish a 4th iPhone assembly plant in Hosur, Tamil Nadu, for 50,000 workers, aligning with Apple'

Tata Electronics is investing Rs 6,000 crore to establish a 4th iPhone assembly plant in Hosur, Tamil Nadu, set to become operational in November 2024. The facility aims to employ over 50,000 workers and aligns with Apple's goal of shifting 10% of its global iPhone production to India by 2025-26. This move supports Tata's growing role in Apple's supply chain as the company diversifies its manufacturing operations away from China.

August 18, 2024
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