First Indian-owned iPhone plant is just around the corner as Apple diversifies its supply chain

Indian outfit Tata is reportedly getting ready to take over an iPhone manufacturing plant — making it the first Indian-owned plant of its kind.

The plant is currently owned by Taiwanese company Wistron, with the pair said to be working on getting a deal over the line before the end of March. It’s thought that Tata is now in line to take over the majority share of a joint venture between the two companies. It’ll also oversee manufacturing.

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