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Tata Group is set to become India's first homegrown iPhone maker after Taiwan's Wistron Group agreed to sell a plant in Bengaluru to India's largest conglomerate. Wistron's board approved the sale of Wistron InfoComm Manufacturing (India) Private Ltd to Tata Electronics for $125 million, the Taiwanese electronics manufacturer said in a statement on Friday. The unit operates an iPhone assembly plant near Bengaluru.
Bringing Taiwan to the World and the World to Taiwan
Tata Group, the largest conglomerate in India, is set to become the first domestic iPhone maker in history, which would be a huge victory for "Made in India." This incredible victory comes after Taiwan's Wistron Corp. received approval to sell the Tata Group its massive $125 million iPhone assembly plant in Southern India.
KUALA LUMPUR, Oct 26 — Research firms are maintaining a positive stance on Malaysia Airports Holdings Bhd’s (MAHB) proposed disposal of GMR Hyderabad International Airport Ltd...
GMR Airports already holds 63% stake in GMR Hyderabad Airport, and post the acquisition, its stake will increase to 74%