Tata Group is in talks with Taiwan's Pegatron to form a partnership to manage an iPhone assembly plant that is under construction in Hosur, Tamil Nadu.
Apple is planning on producing over 50 million iPhones in India each year within the next two to three years, which equals to one-fourth of the entire global iPhone production, as per a recent report by the Wall Street Journal.
Apple iPhones launched before the Apple iPhone 15 series didn’t have USB-C charging and the new regulation can hamper its domestic manufacturing plans.
In September, Union IT Minister Ashwini Vaishnaw said the government was “fully committed” to support Taiwanese electronics giant Foxconn’s ambitious plans to double its manufacturing capacity in the country.