Tata Electronics: First Indian company to produce iPhone
Tata acquires Taiwan Wistron subsidiary
– Transferring iPhone production from China to India
We will provide you with a summary of articles published by JETRO.
Acquisition of Wistron subsidiary:
Acquired the Indian subsidiary of Taiwanese Wistron to produce iPhones.
If the acquisition goes through, it will become India’s first iPhone manufacturing company.
Tata’s acquisition price is believed to be $125 million.
Rajeev Chandrasekhar: Minister of Foreign Affairs, Electronics Cabinet
On October 27th, the acquisition plan was revealed in a post on X (formerly Twitter).
PM, @narendramodi, Ji’s visionary PLI scheme has already propelled India into becoming a trusted & major hub for smartphone manufacturing and exports., Now within just two and a half years, ,
@TataCompanies, will now start making iPhones from India for domestic and global markets from India., Congratulations to the Tata team for taking over Wistron operations.,
Thank you, @Wistron, for your contributions, and great going for Apple in building a global supply chain from India with Indian companies at its helm.
iPhone manufacturing companies in India:
1. Wistron (Weikso Shitsu)
2. Foxconn (under Hon Hai Precision Industry)
3. Pegatron (Heshuo Union Technology)
Three Taiwanese EMS companies:
Tamil Nadu and Karnataka states in southern India.
The three companies mentioned above produce multiple models of iPhone.
(See article dated May 22, 2023)
Shifting Chinese iPhone 15 to India:
Indian-made models of the iPhone 15, which was released in September 2023, have been on the market since its release.
In the future, the shift of iPhone production from China to India will accelerate.
(See article on October 24, 2023)
https://www.jetro.go.jp/biznews/2023/11/ea6e8416edb380e4.html
From China to India: iPhone production transfer progresses
We will provide you with a summary of articles published by JETRO.
iPhone 15 production in India:
Production of the US Apple iPhone 15 has begun in India.
As a made-in-India model, it has been available in the market since its launch.
Start of sales of iPhone15:
iPhone 15 went on sale in India on September 22nd.
Start of production of past models:
iPhone 14 production begins in India 20 days after announcement
iPhone 13 production begins in India six months after announcement
The system for starting iPhone 15 production in India is on track.
(See article on October 6, 2022)
Local press comments regarding iPhone:
Times of India (September 14)
iPhone sales in India are still small. Currently, the mainstay of sales is older models.
Business Standard (September 30)
Production costs in India are 7-8% higher than in China, even when Indian government subsidies are taken into account.
Business Standard (September 30)
Import duties on major parts will increase costs by 7-8%.
Financial Express (September 15)
The purpose of iPhone production in India is to eliminate the concentration of production in China. This will not lead to a decline in selling prices.
https://www.jetro.go.jp/biznews/2023/10/04fe3805dde56c6c.html