Tata Electronics has taken a significant step in the production of Apple iPhone casings by collaborating with local companies in Pune and Bengaluru, according to an ET report.
These partnerships are aimed at developing sophisticated, high-precision machines which were previously imported from China. The shift towards local manufacturing of these machines marks Tata's move towards self-reliance and aligns with its broader goal of enhancing India's manufacturing capabilities.
Setting up 40 production lines
At its Hosur facility, Tata Electronics is not only testing these newly developed machines but also planning to establish about 40 production lines. This expansion is part of a broader strategy to transform the facility into a comprehensive manufacturing ecosystem, far beyond just assembling iPhone enclosures.
Possible acquisition and joint ventures
Further solidifying its commitment to expanding iPhone manufacturing in India, Tata Electronics is reportedly close to finalizing a deal to acquire a majority stake in Pegatron Corp's iPhone manufacturing operations in India.
Additionally, earlier reports suggested that Tata was in advanced talks to form a joint venture with the Taiwan-based firm, which would provide technical and engineering support at the Hosur plant.
Industry impact and export goals
The development of these machines not only strengthens local production capabilities but also sets the stage for future exports. The initiative aligns with the government's ambitious target of achieving $300 billion in electronics exports by 2025.
According to industry experts, Tata's move could significantly boost the Indian manufacturing sector, creating a robust industry around casing production, which is critical for companies manufacturing phones and tablets in India.
Reducing dependency on imports
The initiative to develop high-precision machinery locally is part of Tata Electronics' long-term strategy to reduce dependency on imported components. This strategy is expected to help diversify and de-risk from global supply chain shocks while building a resilient manufacturing ecosystem within the country.
The successful development and implementation of these machines could position India as a major player in the global electronics manufacturing arena.