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This move is anticipated to boost employment, potentially reaching between 25,000 and 28,000 workers. The initial investment for the Hosur facility stood at Rs 5,000 crore.
Tata Electronics, which recently acquired an iPhone assembly plant in Kolar, from Taiwans Wistron, aims to double the size of its iPhone-casing unit in Tamil Nadus Hosur. This and more in todays ETtech Morning Dispatch.
The initial public offering by Tata Technologies Ltd witnessed a remarkable response from the investor with a subscription of 69.4 times.
At the Narasapura facility, the recent takeover brings in hopes of better facilities, and a permanent position with Brand Tata.
Black Friday 2023 heralds a transformative shopping season in India, mirroring the West's tradition. Top retailers like Croma, Amazon, Nykaa, Adidas, and more offer massive discounts, while the e-commerce surge reshapes the market. With electronics leading the fray, the iPhone 15 and gaming consoles steal the spotlight. As India embraces this global shopping frenzy, the stage is set for an unprecedented shopping extravaganza, promising unparalleled deals and a digital shopping bonanza for eager consumers.