Apple is set to open its fourth iPhone assembly unit in India by the end of this year. The factory in Hosur, Tamil Nadu will be the second iPhone assembly plant for Tata Electronics, which will start operations by November 2024.
The preparation is in full swing to launch iPhones from the plant spanning 250 acres, which already houses a components factory set by Tata. The company had earlier acquired Taiwanese EMS player Wistron’s unit. Tata Electronics is expected to invest Rs 6,000 crore in the plant, and may employ 50,000 workers, mostly women.
The new plant would strengthen Apple’s efforts to localise its supply chain and extend its partnership with Tata. Apple is diversifying its operations away from China by working with assembly and component manufacturing partners in India, Thailand, Malaysia, among others.