Tata Group Set to Become 1st Indian iPhone Manufacturer
The approval was granted by Wistron's board for its subsidiaries.
SMS InfoComm Pte. Ltd. and Wistron Hong Kong Limited to sign Share Purchase Agreement with Tata Technologies Private Limited.
The deal is worth 1000 crores.
As stated, Tata Companies will start making iPhones in India within two and a half years.
Apple previously announced to product iPhones 15 in India promoting Make in India initiative.
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