Tata Group may become 1st Indian brand to make iPhones, Rs 4000 crore deal to close soon
Jul 11 2023, 03:16 PM ISTTata Group, India's largest conglomerate, is close to an agreement to acquire an Apple supplier's factory as soon as August, marking the first time a local company would move into the assembly of iPhones. A takeover of the Wistron factory in southern Karnataka state, potentially valued at more than $600 million (roughly Rs. 4,900 crore).