Title: Tata Electronics’ new plant in TN begins iPhone production: Report
The Indian electronics industry has received a significant boost with the commencement of operations at Tata Electronics’ new plant in Hosur, Tamil Nadu. According to a report by Reuters, the plant has started production of older iPhone models on one assembly line. This development marks a significant milestone in Apple’s efforts to diversify its manufacturing base beyond tariff-hit China, its primary manufacturing hub.
The new plant in Hosur is not the only one to start operations. Another under-construction plant run by Taiwan’s Foxconn, also known as Hon Hai Precision Industry Co Ltd, in Bengaluru is expected to start initial operations with one assembly line within days. Foxconn is a key Apple supplier and has been expanding its presence in India in recent years.
The commencement of operations at these two plants comes as Apple looks to boost its manufacturing capacity in India. The company has been facing challenges in its Chinese manufacturing base due to tariffs imposed by the United States and other countries. In order to mitigate these risks, Apple has been expanding its manufacturing presence in other countries, including India, Vietnam, and Thailand.
Tata Electronics, a subsidiary of the Tata Group, has been a key player in India’s electronics manufacturing sector for several years. The company has been expanding its capacity and capabilities in recent years, and the new plant in Hosur is a significant addition to its manufacturing portfolio.
The plant in Hosur is expected to produce older iPhone models, including the iPhone 12 series, on one assembly line. The facility has a production capacity of 250,000 units per month, and is expected to generate employment opportunities for around 5,000 people.
Foxconn’s new plant in Bengaluru, on the other hand, is expected to start with one assembly line and produce older iPhone models. The company has been expanding its presence in India in recent years and has already set up several manufacturing facilities in the country. The new plant in Bengaluru is expected to generate employment opportunities for around 10,000 people.
Apple’s decision to expand its manufacturing presence in India is seen as a strategic move to reduce its dependence on China. The company has been facing challenges in its Chinese manufacturing base due to tariffs imposed by the United States and other countries. In addition, there have been concerns over the safety and working conditions of workers in China’s manufacturing sector.
India, on the other hand, offers a more favorable business environment for Apple. The country has a large and growing consumer market, and offers a range of incentives and benefits to attract foreign investors. Apple has already set up a research and development center in Bengaluru, and has been expanding its presence in the country through partnerships with local companies.
Apple’s expansion in India is also seen as a move to tap into the country’s growing electronics market. India is one of the fastest-growing smartphone markets in the world, and Apple sees significant opportunities for growth in the country. The company has been expanding its product portfolio in India, and has launched several new products in the country in recent years.
In conclusion, the commencement of operations at Tata Electronics’ new plant in Hosur and Foxconn’s new plant in Bengaluru marks a significant milestone in Apple’s efforts to diversify its manufacturing base beyond China. The plants are expected to produce older iPhone models and generate employment opportunities for thousands of people. This development is seen as a positive step for India’s electronics industry, and is expected to boost the country’s manufacturing capacity and competitiveness.
