Tata Group becomes the first Indian company to manufacture iPhones.

According to AppleInsider , the aforementioned Wistron factory reportedly employs around 10,000 workers and is responsible for assembling the iPhone 14 series for Apple. When discussing plans to withdraw from the factory in May, an anonymous Wistron executive stated that Apple had made it impossible for Wistron to be profitable.

The acquisition of Wistron's factory in India allows Tata to continue manufacturing iPhones for Apple.

The executive stated: "Wistron has been unable to profit from Apple's business in India. They tried to negotiate with Apple for a higher profit margin, but as a smaller company compared to Foxconn and Pegatron globally, they lacked the necessary leverage."

Furthermore, another issue hindering Wistron's iPhone production for Apple was that its factory was placed under Apple's supervision after witnessing Wistron's actions towards its workers, which led to riots in 2020. Wistron subsequently reorganized its management and qualified to continue participating in a $1 billion support package from the Indian government aimed at boosting local production.

News of Wistron selling its Indian factory comes shortly after Foxconn decided to withdraw from its $19.5 billion joint venture with India's Vedanta company. But overall, India is still benefiting from Apple's plan to reduce its reliance on China.

Tata Group's moves will make it the first Indian company to be responsible for manufacturing iPhones for Apple.

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