The Tata Group is expected to complete its takeover of Wistron’s iPhone facility in coming days, giving India its first local production line for Apple goods. Tata Electronics Pvt Ltd, the Tata Group’s engineering and manufacturing industrial company, has been in talks with Taiwan-based Wistron to purchase its iPhone manufacturing facility in India off its hands, taking over the 11 acres plant in a deal that would cost Tata about Rs 5000 crores. The due diligence for the deal went without any issues. Wistron’s Bengaluru facility was the Taiwanese electronics company’s only product line for Apple devices in India; with this acquisition, Wistron would totally divest from the iPhone business in India, which is valued at $600 million. The 2.2 million square foot facility is located on Bengaluru’s outskirts. 

iPhone’s production is dominated by Taiwanese players. At the moment, three Taiwanese companies operate in India and manufacture Apple goods: Wistron, Pegatron, and Foxconn. According to industry analysts, the Tata Group sees manufacturing for Apple as a good opportunity, especially because the Indian government is actively courting Apple to relocate production to India.

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