The Tata Group is reportedly in advanced discussions with Pegatron, a key supplier for Apple Inc., regarding the establishment of a second iPhone manufacturing facility in Tamil Nadu, as per a Reuters report. This potential collaboration is viewed as a significant stride in Apple’s endeavor to localize its supply chain and fortify its association with Tata, marking Tata’s second facility in India following the acquisition of the Karnataka facility from Wistron.
Anticipated to house approximately 20 assembly lines, the proposed plant aims to employ around 50,000 workers within the next two years, with an operational timeline of 12-18 months. This development follows Tamil Nadu’s signing of investment agreements exceeding $4.39 billion with major players, including Apple suppliers Tata Electronics and Pegatron, along with automotive giant Hyundai Motors.
The strategic partnership between Tata and Pegatron is poised to expedite the manufacturing process, elevating Tata’s position as an iPhone manufacturer. Moreover, it aligns seamlessly with the Indian government’s ‘Make in India’ initiative, designed to attract foreign investments and generate employment opportunities in the manufacturing sector.