Tata Group going To Assemble iPhones In India

tata group is aggresively talking to taiwanese supplier to apple to create manufacturing joint venture

this discussion is going on to make Tata a super pwer in technology stream

if this venture succeeds then Tata will be the first company in India to manufacture I phones

and this effort to making i phones in India will hamper china largely and our dependence on it

other mobile brands also then trust indian companies to setup their plant in India

this will reduce cost of mobies in India so that smartphones can more effectively will penetrate.

the structure of deal like shareholders and their role is not yet decided

apple also tries to connect with more local companies to diversify their dependence on China

but i phone assembly is a complicated process therefore it is difficult to mke joint venture.