The Indian multinational conglomerate Tata Group is set to acquire Wistron’s iPhone manufacturing facility in India. The deal, valued at over Rs. 5,000 crores, is expected to be completed by the end of April. The 11-acre plant in Karnataka currently produces iPhone 12 and 14 models, and after the acquisition, Tata Group plans to expand its manufacturing operations and may start assembling the iPhone 15 later this year.

Organizational Changes at the Facility

According to sources, Tata Group has already started making organizational changes at the facility to prepare for the acquisition. Wistron’s 44-acre Bengaluru facility, which has eight assembly lines, will be shut down following the acquisition. The company is likely to terminate approximately 2,000 assembly line workers, 400 mid-level executives, and a few senior executives.

Opportunities in the Indian Market

The acquisition is an opportunity for Tata Group to establish itself in the iPhone manufacturing market in India, where three Taiwanese companies currently assemble Apple products. Pegatron and Foxconn have recently expanded their production operations in India, while Wistron is exiting the industry.

Tata Group’s interest in iPhone manufacturing in India is supported by the Indian government’s initiatives to increase production in the country and Apple’s push to move away from China. Industry experts see this as a lucrative opportunity for Tata Group.

Acquiring Pegatron’s iPhone Manufacturing Facilities

After the completion of the Wistron acquisition, Tata Group may move ahead to acquire Pegatron’s iPhone manufacturing facilities in India. If successful, this would further increase the conglomerate’s foothold in the Indian iPhone manufacturing market.

Conclusion

Tata Group’s acquisition of Wistron’s iPhone manufacturing facility is a significant step towards establishing a stronghold in the Indian iPhone manufacturing market. The company’s interest in the market is supported by the Indian government’s initiatives and Apple’s shift towards diversifying its production. After the acquisition, Tata Group may continue to expand its manufacturing operations in India by acquiring other facilities.