Tata Group to double the iPhone casing manufacturing capacity in Hosur plant to meet growing demand | Tech News

Tata Group to double the iPhone casing manufacturing capacity in Hosur plant to meet growing demand

Tata Group is actively doubling the size of its iPhone casing unit in Hosur as per a report, reflecting a strategic move to meet Apple's growing demand and expand its manufacturing capabilities in India.

| Updated on: Nov 28 2023, 17:32 IST
Today, we see the moon in a new light: Tata Sons' N Chandrasekaran
iPhone casing manufacturing plant
1/6 Chandrasekaran said the moon has been "a symbol of aspiration for a long time." He added, "We say shoot for the moon when we want to strive for the impossible. For millennia, India's greatest poets have gazed up at the moon and wondered at the unfathomable distance between us and the moon". (HT_PRINT)
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2/6 Chandrasekaran explained the new situation by saying, "But today we see the moon in a new light. Last week, millions and millions of Indians and those around the world witnessed the landing either on the television or online. For them the moon has changed from a symbol of aspiration to one of achievement." (Pixabay)
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3/6 Now, he said, "Every night a simple glance upwards will be a reminder of what we as a nation have accomplished and more of what we are capable of achieving in the future." (ISRO)
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4/6 Notably, Chandrayaan-3 landed a rover on the lunar surface to explore the uncharted territories near the south pole where the chances of finding water are very good. (Pexels)
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5/6 The erstwhile Soviet Union, the US and China have successfully carried out soft landings on the moon and even getting back to earth samples of soil and rocks from the lunar surface. Now, India has joined this exclusive club. (Pexels)
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6/6 Chandrayaan-3, which was India's third lunar mission, landed near the south pole of the moon, a place where no spacecraft has travelled so far. That has made India the first country to land a spacecraft there. (Pexels)
iPhone casing manufacturing plant
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Tata Group plans to double the size of its iPhone casing manufacturing plant in Hosur. (REUTERS)

The Tata Group is actively pursuing an expansion of its iPhone-casing unit in Hosur, aiming to increase the size of the current plant by up to two times. The existing Hosur unit, established with a Rs. 5,000 crore investment and sprawling across 500 acres, currently employs over 15,000 individuals. Following the expansion, the workforce is expected to grow substantially, reaching between 25,000 and 28,000 employees.

Strategic Partnership with Apple

Apple, in a strategic move to diversify its manufacturing beyond China, selected Tata Electronics as its vendor for the production of iPhone enclosures. The Economic Times reports that Tata Electronics is set to significantly enhance its capabilities in the contract manufacturing of high-end electronic items and accessories. Notably, the company recently acquired Wistron's iPhone assembly plant.

A source cited by the publication stated, "The new facility could be entirely dedicated to Apple phone components, but the possibility of manufacturing components for other high-end phones of different companies cannot be ruled out."

According to a government official, the new facility may exclusively focus on Apple phone components, but there is a potential for utilizing the plant for manufacturing components for other high-end phones from various companies.

Tata Electronics initiated the search for additional land near its existing electronics manufacturing facility in Hosur in May of this year. An industry insider has confirmed the establishment of a significant plant in Hosur dedicated to producing phone components.

During an earnings call earlier this month, Apple CEO Tim Cook expressed excitement about India as a market, noting the company's all-time revenue record in the June-September quarter. Cook emphasized India's potential, stating, "We see an extraordinary market- a lot of people moving into the middle class."

Record-Breaking Sales in India

A recent report by Counterpoint highlighted the significant growth in Apple's sales during the June-September quarter in India, recording a 34 percent year-on-year growth. This period marked the best quarter for Apple's shipments in the country, surpassing 2.5 million units, according to Counterpoint's Research Analyst Shubham Singh.

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First Published Date: 28 Nov, 17:10 IST