Tata Group is set to build the biggest iPhone assembly plant in India, taking advantage of Apple’s plans to ramp up iPhone production in the country. The facility, which is being planned in Hosur in Tamil Nadu, is expected to begin operations within 12 to 18 months.
The move is part of the Indian government’s ‘Make in India’ initiative, which seeks to encourage local production of products and services. The initiative has been gaining traction in recent years, with many of the world’s leading tech companies setting up local manufacturing units in India.
The new iPhone assembly plant, which is being set up by the Tata Group, is expected to be the largest of its kind in the country. The facility is expected to have a capacity of up to 20 million units per year, making it one of the largest iPhone assembly plants in the world.
The facility is expected to create thousands of jobs in the region, as well as helping to boost the local economy. It is also expected to help reduce the cost of iPhones in India, as the cost of production is expected to be significantly lower than in other countries.
The move is also expected to benefit Apple, as the company will be able to take advantage of the lower production costs in India. This could help the company reduce the prices of its iPhones in India, making them more affordable for consumers.
The move is also expected to benefit the Indian government, as it is likely to increase the amount of taxes collected from Apple. This could help the government to fund various projects and initiatives that are aimed at improving the lives of its citizens.
Overall, the move by the Tata Group to set up the biggest iPhone assembly plant in India is a positive one. It is expected to create thousands of jobs, boost the local economy, and reduce the cost of iPhones in India. It is also likely to benefit Apple, as it will be able to take advantage of the lower production costs in India. All in all, the move is likely to be a win-win situation for all involved.
