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Apple is gearing up to expand its manufacturing footprint in India with the establishment of a fourth iPhone assembly plant.
This new facility, being developed by Tata Electronics, is expected to become operational in November 2024.
Located in Hosur, Tamil Nadu, the factory marks a significant step for Tata Electronics, which recently acquired a similar plant from Taiwanese company Wistron in Karnataka.
The new plant is situated on a sprawling 250-acre site, where Tata had previously set up a components unit three years ago.
The company is set to invest a substantial Rs 6,000 crore in the assembly plant, matching its earlier investment in the components unit.
This move underscores Tata’s growing involvement in Apple’s supply chain, particularly as Apple seeks to diversify its manufacturing operations away from China amid ongoing geopolitical tensions between China and the United States.
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