The Tata Group plans to dramatically expand its iPhone-casing manufacturing facility in Hosur, India, according to a report published on November 28. According to the source, the planned expansion could more than double the size of the current plant, which already occupies 500 acres and employs more than 15,000 people. Additional 25,000 and 28,000 personnel will be required as part of the growth plans.
According to a report by The Economic Times, Tata Electronics is seeking to expand its capabilities in the high-end electronics manufacturing sector by leveraging its newly acquired iPhone assembly plant. This move is expected to propel the company's growth trajectory.
According to the article, the new plant will largely manufacture Apple phone components, but it will also be capable of producing high-end phones for other firms, giving flexibility and future diversification prospects.
Notably, The Tata Group's move to expand manufacturing and grow its personnel is a result of the recent acquisition of Wistron's iPhone assembly factory in Karnataka's Kolar district by The Tata Group. Tata India has become the first domestic iPhone maker as a result of this acquisition.
As Tata prepares for a significant increase in high-end electronics production, a technology market analyst told the publication that this move aligns with Apple's broader strategy of shifting smartphone manufacturing to India, a strategy the company has been pursuing to diversify its manufacturing base away from China.
Meanwhile, Apple's intention to build manufacturing operations in India is a strategic move given the country's importance to the firm.