18-February-2025
Corporate News
 
Tata Electronics iPhone production jumps 180% to Rs 40,000 crore in 2024
15-Jan-2025

Tata Electronics stepped up its production of Apple's iPhone in 2024 and now accounts for around 26 percent of the iPhones made in India, the Business Standard has reported. The Tata Group company, which acquired Wistron's iPhone facility in, Karnataka’s Narsapura for $125 million in October 2023, significantly increased its production, exports and direct employment to meet the needs of the iPhone-maker during the year, the report said. The Narsapura plant’s annual production jumped to over Rs 40,000 crore in 2024, a whopping 180 percent increase from the previous year.

News Source:- https://www.moneycontrol.com/news/business/tata-electronics-iphone-production-jumps-180-to-rs-40-000-crore-in-2024-12911017.html