Photo: Money Control
Tata Group In Talks With Wistron, Likely To Be First iPhone Maker in India
The Tata Group of India is likely to take over Wistron Factory in Karnataka, becoming the first iPhone maker in India. According to sources, a deal is under talk to acquire the Apple Inc, Wistron Corp Factor, which is scheduled to begin the production of iPhones in India. The expected deal is a private matter and has been negotiated at $600 million deal. Tata Group would now fulfill the commitments.
Tags: Tata Group, Business Deal, Apple, iPhone Maker, Wistron
Courtesy: The Economic Times
Photo: The Indian Express
Tata Groups In Talk With Wistron For Apple Electronic Unit In India
Indian multinational conglomerate Tata Group is in talks with a Taiwanese supplier to Apple Inc. to establish an electronics manufacturing joint venture in India. The company is seeking to assemble iPhones in the South Asian country, for Indian markets. As per local media, Wistron, a supplier to Apple, will establish an electronics manufacturing joint venture in the country along with the Tata Group. Official confirmation is awaited.
Tags: Tata groups, Wistron, Apple, Electronic Unit, INDIAN MARKET
Courtesy: The Free Press Journal
