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Tag: tamil nadu

  • Foxconn to Invest INR 15,000 Crore in Tamil Nadu, Creating 14,000 Jobs

    Tamil Nadu’s industries minister, TRB Rajaa, announced today that Foxconn, a Taiwanese contract manufacturing giant, would invest INR 15,000 crore in the state, generating 14,000 high-value jobs. The minister claims that this is the state’s biggest-ever commitment to engineering jobs and that it will greatly strengthen Tamil Nadu’s advanced manufacturing and electronics industries.

    In a post on the social media site X, Rajaa claimed that Tamil Nadu has the biggest engineering positions ever. Dedication to Tamil Nadu! Foxconn pledges 14,000 high-value jobs and INR 15,000 crore in investments! Prepare, engineers! According to Rajaa, Foxconn intends to introduce its next stage of sophisticated technology operations powered by AI, R&D integration, and value-added manufacturing to Tamil Nadu.

    Foxconn Affirms its Commitment in TN

    According to Raja, Robert Wu, Foxconn’s India representative, met with MK Stalin, the chief minister of Tamil Nadu, to reiterate the company’s faith in the state by presenting significant investment intentions. “As @CMOTamilNadu Thiru and @MKStalin Avargal met with Foxconn’s India Representative Robert Wu to reaffirm their deep trust in Tamil Nadu with substantial investment commitments,” he wrote in his post, adding that this was yet another significant boost for the state’s electronics and advanced manufacturing sector.

    The first-ever Foxconn Desk in India will be established by Guidance, the investment promotion agency of Tamil Nadu, to facilitate these initiatives. The minister referred to this desk as a step towards what he called the “Dravidian Model 2.0”, saying it will guarantee the seamless facilitation of projects and mission-mode implementation.

    Robert Wu Met Karnataka CM

    Following Robert Wu’s meeting with Karnataka Chief Minister Siddaramaiah in Bengaluru on 12 October, the announcement was made. They talked about strategies to increase Foxconn’s footprint in Karnataka and looked into new manufacturing and technological cooperation options during the discussion. Currently operating in Telangana, Karnataka, and Tamil Nadu, Foxconn’s new plans mark a significant expansion of its presence in India.

    In order to guarantee “seamless facilitation and mission-mode execution” of the company’s investments, the Foxconn Desk will be established within Guidance Tamil Nadu. According to Dr Rajaa, the news supports Tamil Nadu’s plan to increase the development of high-value jobs and highlights the state’s rising significance as a major electronics manufacturing hub in India.

    Quick Shots

    •Foxconn
    to invest INR 15,000 crore in Tamil Nadu.

    •The
    investment will generate 14,000 high-value engineering jobs.

    •AI-powered
    technology, R&D integration, and value-added manufacturing.

    •First-ever
    Foxconn Desk in India to ensure seamless project facilitation.

    •Tamil Nadu CM MK Stalin and Industries Minister TRB
    Rajaa emphasize mission-mode execution.

    •Foxconn already operates in
    Telangana, Karnataka, and Tamil Nadu, marking a major footprint expansion.

  • Mukesh Ambani’s Reliance Consumer to Invest INR 1,156 Crore in Tamil Nadu for New Manufacturing Plant

    According to state minister TRB Rajaa, Reliance Consumer Products Limited will invest INR 1,156 crore to establish an integrated manufacturing facility in Tamil Nadu. The plant will be established in SIPCOT Allikulam Industrial Park in Thoothukudi, Tamil Nadu, the State Industries Minister wrote in a post on X.

    Over the next five years, 2,000 jobs in Tamil Nadu will be created by the Reliance facility, he said. According to Rajaa, this 60-acre factory will concentrate on producing a variety of goods, including biscuits, atta, spices, edible oil, and regional munchies. For TN, it will create 2,000 local jobs over the next five years.

    Investments Pouring In for TN

    Two Central Government Public Sector Undertakings (PSUs), Cochin Shipyard Ltd and Mazagon Dock Shipbuilders Ltd, had previously announced plans to invest a total of INR 30,000 crore to build state-of-the-art Greenfield commercial shipyards in Tamil Nadu, significantly enhancing the state’s industrial landscape.

    MoUs would create 55,000 jobs and signal Tamil Nadu’s notable ascent as a global centre for shipbuilding and maritime innovation, according to a social media post published by BJP politician Amit Malviya.

    According to the BJP leader’s post, Cochin Shipyard Ltd. has invested INR 15,000 crore and created 10,000 jobs (4,000 direct and 6,000 indirect) in Phase 1. Mazagon Dock Shipbuilders Ltd.: 45,000 employees (5,000 direct, 40,000 indirect) | INR 15,000 crore investment.

    Together, these two Ultra Mega MoUs will create 55,000 jobs and solidify Tamil Nadu’s position as a global centre for shipbuilding and maritime innovation, Malviya continued. This is a wave of growth, sustainability, and future possibility, not just an investment. “We appreciate Prime Minister Narendra Modi’s vision and steadfast support of Tamil Nadu’s development, he opined.

    Raja praised Chief Minister MK Stalin’s leadership for these advancements and added that Tamil Nadu continues to draw major national FMCG companies to the state under the Dravidian Model leadership of Chief Minister Thiru. MK Stalin avargal, and the state is not ignoring any significant sector.

    Reliance Retail to go Public Soon

    As the oil-to-telecom giant founded by billionaire Mukesh Ambani prepares for an IPO for its retail division, Reliance Industries Ltd has moved all of its consumer goods brands to a new wholly-owned company.

    The brands that were previously in the ownership of Reliance Retail Ltd., Reliance Retail Ventures Ltd., and Reliance Consumer Products Ltd. have been transferred to the so-called New Reliance Consumer Products Ltd., or RCPL. These brands include clothing, fashion, food, personal care, and beverages.

    Quick
    Shots

    •The facility will be set up in SIPCOT
    Allikulam Industrial Park and will span 60 acres.

    •The project is expected to create
    2,000 jobs in Tamil Nadu over the next five years.

    •The plant will manufacture a range of
    FMCG products including biscuits, atta, spices, edible oils, and regional
    snacks.

    •Tamil Nadu’s industrial push
    continues with INR 30,000 crore investment from Cochin Shipyard and Mazagon
    Dock Shipbuilders.

  • Apple Supply Chain Expands in Tamil Nadu with INR 30,000 Cr Investment, 60,000 Jobs Expected

    According to T. R. B. Rajaa, Tamil Nadu’s Minister for Industries, Investment Promotion, and Commerce, the state’s excellent infrastructure, talent pool, and governance are luring Apple suppliers and ecosystem companies to engage in component manufacture.

    State Incentives Boost Electronics Manufacturing

    To increase the production of electronic components, the state, which already has a number of suppliers for Apple ecosystem components, launched the Tamil Nadu Electronics Components Manufacturing Scheme in April.

    The government is providing state-level incentives that are equivalent to the advantages of the Union Ministry of Electronics and Information Technology’s Electronics Component Manufacturing Scheme in an effort to draw in more companies. This will provide competitive support for companies establishing operations in the state.

    INR 30,000 Cr Scheme to Generate 60,000 Jobs

    The project intends to generate approximately 60,000 new jobs and draw in investments totalling INR 30,000 crore. In an exclusive interview with Moneycontrol, Rajaa stated that bringing more of the Apple ecosystem to Tamil Nadu was his top aim when he took over in 2023, and he was successful in doing so during the year.

    Now it’s the other way around: as a result of the globalisation of the “Brand Tamil Nadu,” more Apple suppliers are contacting us. He went on to say that his government knew that this state had those kinds of skills. He said that people shouldn’t think of India when they think of Tamil Nadu; they should think of Tamil Nadu separately.

    This state is distinct due to its excellent infrastructure, skill pool, and greatly improved government. One of Apple’s major international suppliers, Foxconn, currently produces iPhones in Tamil Nadu for export to markets throughout the world, mainly the US. An important hub for Apple’s supply chain for manufacturing in India is now Tamil Nadu.

    Major Apple Suppliers Operating in Tamil Nadu

    Along with Foxconn, the state is home to important suppliers, including Jabil, which is establishing a sizable new facility in Trichy; Tata Electronics, which operates substantial iPhone and component facilities; and Pegatron, which is currently controlled by Tata Electronics. Other important participants are ON Semiconductor, Lingyi iTech (precision components), Corning (Gorilla Glass near Sriperumbudur), and Salcomp (chargers and components).

    Supported by special economic zones and government incentives, these businesses are mostly based in Hosur, the Sriperumbudur-Oragadam-Kancheepuram corridor, and recently Tiruchirapalli.

    Tamil Nadu’s Role in Apple’s China+1 Strategy

    According to analysts, the environment for electronics manufacturing in Tamil Nadu is still expanding quickly and is essential to Apple’s plan to diversify its supply chain outside of China. In FY2025, Tamil Nadu’s electronics exports reached a record high of $14.65 billion, or 41.2 percent of India’s total electronics exports. Through the program, it hopes to increase electronics exports from the current $14.6 billion to $50 billion over the course of the next three to four years.

    Future Plans: From Glass to Li-Ion Cells

    The government intends to localise the entire supply chain and venture into more intricate and valuable segments of the electronics value chain with the new program. The state will use the program to encourage the production of various components, including Li-ion cells, HDI/Flexi PCBs, sensors, camera/display modules and sub-assemblies, and SMD passive components.

  • The State Cabinet Approved the Tamil Nadu Space Industrial Policy for 2025

    In order to support space-tech startups in the state, the Tamil Nadu cabinet has established a specific space policy. Tamil Nadu Commerce Minister TRB Rajaa stated in a post on X that the new strategy will aim to create at least 10,000 “high-value” direct and indirect jobs over the next ten years and draw in space-tech investments of INR 10,000 Cr. The goal of the policy, he continued, is to develop a “future-ready skilled workforce” in space technologies and services. According to Raja, the Tamil Nadu Cabinet on 18 April approved the Tamil Nadu Space Industrial Policy 2025, a daring plan to propel the state into the high-orbit economy of advanced manufacturing and space technology. This strategy serves as a vital springboard for our One Trillion Dollar economic vision, making it more than just a mission plan. According to the minister, the goal of the strategy is to establish a full-stack space-tech ecosystem in the state, which includes developing launchpads, platforms, payloads, and downstream analytics.

    Incentive Packages to Startups and Enterprises Operating in Space Sector

    Startups and businesses would be given incentive packages to establish space manufacturing and services at the upcoming “Space Bays”, according to Raja. Through its upcoming #TNSpaceBays, which will be special industrial zones designated to power orbital goals originating from Tamil soil, Tamil Nadu is extending its doors to MSMEs, deep-tech startups, R&D units, and global majors. For the spacetech sector, Space Bays are suggested industrial areas. The policy’s primary focus would be on sectors like the production of satellites and payloads, space launch vehicles, propellant chemicals, and downstream space applications, Rajaa stated. In accordance with the policy, the state government will establish space facilities modelled after the Tiruchirappalli engineering and technology (TREAT) cluster in partnership with “private industries”. The state government intends to construct a “space propellant park” in Tuticorin, Rajaa continued.

    Policy was First Suggested in 2024

    This occurs almost a year after the Tamil Nadu Space Industrial Policy 2024 draft was released by state authorities in July of last year. Numerous revisions have been made to the draft and integrated into the new policy, according to various media reports. According to the report, under the new policy, the government will also provide manufacturing and service enterprises with a capital subsidy of up to 20%. The development is noteworthy since it occurs one month after Thangam Thennarasu, the state finance minister, suggested creating a space-tech fund with a corpus of INR 10 Cr in his address about the Budget 2025–2026. He also suggested at the time that a “foundation and prototype development lab” be established in Chennai to support satellite testing and space-tech initiatives.

  • Zepto Adds More than 20 Dark Stores to its Operations in Tamil Nadu

    Beyond Chennai, Zepto, a fast commerce startup based in Bengaluru, has already established itself throughout Tamil Nadu. Coimbatore, Tiruchirappalli, Madurai, Vellore, and Salem are just a few of the districts in the state where the company has started operations. With more than twenty dark stores open in Tamil Nadu, each one well situated to maximise delivery within two to three kilometres, enabling partners to transport purchases in ten minutes while staying safe, Zepto is poised to solidify its position in the state.

    Going Vocal for Local

    Zepto users and other clients can purchase delicate coconuts and green vegetables from over 100 farmers in Tamil Nadu, including Palacode and Pollachi. This provides Zepto with a much-needed local connection. With its vibrant cities and high desire for convenience, the state of Tamil Nadu is a crucial market for Zepto, according to Divesh Sawhney, Chief Growth Officer.

    In addition to enabling sellers to serve customers more quickly, service expansion opens up new business prospects for nearby companies. He went on to say that the company is dedicated to strengthening our ties with the community while delivering speed, quality, and affordability to every home.

    Setting up Another Bench Mark

    Zepto Cafe, the company’s fast food delivery division, has exceeded one lakh orders daily. Aadit Palicha, the CEO and co-founder of Zepto, shared the accomplishment on social media, emphasising the Zepto Cafe’s expansion in the quick-service food (QSR) sector. In a post on X, Palicha claimed that Zepto Cafe currently receives 100,000 orders every day. Every day, Zepto Cafe receives 100,000 orders.

    That’s getting close to a steady-state gross margin of 50% and an annualised GMV run rate of $100M. “We still have a long way to go, but I think the QSR sector in India is about to undergo a revolution,” he posted. According to an article in a renowned media outlet, Zepto Cafe has been growing rapidly, launching 100 new locations each month. Zepto reported operating revenue of INR 4,454 crore in fiscal year 2024 (FY24), a 120% increase over FY23.

    Rapid Commerce Race is Getting More Intense

    The rapid commerce industry has evolved into a high-cash-burn sector, with companies allocating billions towards expansion and client acquisition. Industry estimates indicate that the aggregate monthly cash burn of rapid commerce entities, including new entrants, ranges between INR 1,300 and 1,500 crore—more than double in recent months.

    Despite nearing operational breakeven in Q2 FY25, Blinkit’s losses escalated in Q3 FY25, with operating losses rising to INR 103 crore from INR 8 crore in the preceding quarter. Swiggy reported a net loss of INR 799 crore, while Instamart had an adjusted EBITDA loss of INR 578 crore in Q3, compared to INR 358 crore in Q2.

    Zomato’s ability to continue investing in Blinkit stems from its financial stability. In November 2024, Zomato secured INR 8,500 crore in a qualified institutional placement (QIP) to enhance its balance sheet and finance its rapid commerce operations. As of December 31, 2024, Zomato possessed cash reserves amounting to INR 19,235 crore, providing adequate liquidity to support Blinkit’s expansion.

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  • A23, Games24x7, and Junglee Games sue Tamil Nadu Over New Regulations Pertaining to Real-Money Gaming

    In a case filed in the Madras High Court, skilled gaming businesses Games24x7, Junglee Games, and Head Digital Works (A23) have contested the legitimacy of the Tamil Nadu state’s latest regulations pertaining to the real-money gambling (RMG) sector, which went into effect on February 15.

    In order to prevent state authorities from taking any coercive action against them, these corporations have filed writ petitions to halt the execution of these restrictions and secure an interim injunction. Additionally, the corporations have asked the court to rule that the law is “arbitrary, void, illegal, and unconstitutional” when it comes to online skill games that are played for cash or other stakes.

    The latest setback for an industry already struggling with rising goods and services tax (GST) rates came earlier this month when Tamil Nadu announced a set of state-specific restrictions that imposed time and usage limits on RMG platforms.

    The Tamil Nadu Online Gaming Authority (TNOGA) released the rules as part of the state’s larger initiatives to control the rapidly expanding industry. The authority’s action was expected to spark another legal dispute between the state and RMG platforms, according to many media reports earlier.

    What New Rules State?

    RMG platforms are required to implement “blank hours” between midnight and 5 a.m., which result in the inability to log in during this time frame. In addition, the standards require organisations to allow users to set daily, weekly, and monthly financial limitations and forbid minors from playing real-money games. Platforms could also remind players of their playtime by displaying pop-up warning messages every 30 minutes after they have been playing for more than an hour.

    The phrase “ONLINE GAMING IS ADDICTIVE IN NATURE” should be shown on the login pages of RMG apps, along with other warnings concerning the addictive nature of these games. According to the recommendations, RMG apps should also show the fixed monetary limit and the total amount spent thus far in “reasonably bold letters” whenever players deposit money.

    Other Measures Companies Need to Maintain

    Mandatory Know Your Customer (KYC) verification at account creation is one of the additional steps. A second-layer verification using a One Time Password (OTP) issued to the phone number associated with the Aadhaar number will validate the initial login authentication, which will require KYC verification through Aadhaar.

    TNOGA has adopted a “consultative and inclusive approach in draughting regulations aimed at ensuring user protection,” according to Roland Landers, CEO of the All India Gaming Federation (AIGF), a trade association for the skill gaming sector.

    He added that certain elements, like the blackout time, can have unforeseen repercussions and might encourage consumers to utilise offshore gambling sites, which present serious concerns to consumer safety and have an effect on both national and economic security.

    To make sure the regulations achieve their goals without negatively impacting users or the sector, we are currently concentrating on resolving the implementation issues. AIGF is not currently considering a legal challenge to these regulations. Rather, we are actively collaborating with our members and the authority to support constructive engagement and efficient enforcement,” Landers stated.

    Samsung Seeks TN Govt Help as Striking Workers Disrupt Operations
    Samsung has sought assistance from the Tamil Nadu government as striking employees attempt to disrupt operations, raising concerns over production stability.
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  • Samsung Asks the TN Government for Assistance After Striking Employees Attempt to “Disrupt Ops”

    On 21 February, as the standoff between the striking workers and management approached its fifteenth day, Samsung India claimed that a group of workers attempted to disrupt operations at its Sriperumbudur plant, and now the company has asked the Tamil Nadu government for assistance in ensuring smooth operations. Maintaining a stable and safe work environment for all employees is Samsung’s top goal, the company said in an official statement. Today, several employees attempted to illegally disrupt operations and industrial peace once more.

    The business has a zero-tolerance policy for any unlawful actions taken by employees that jeopardise workplace harmony and industrial stability. After three union officials were suspended, at least 600 members of the Samsung India Workers Union (SIWU) went on strike on the grounds of the Samsung India Electronics plant in Sriperumbudur. The South Korean company has been urged by the union to lift the suspension. The police had already requested that the workers leave the area where they were on strike.

    Reason for the Strike

    Some employees have been demonstrating against the earlier suspension of three of their Samsung India Workers Union officials who were supported by the Centre of Indian Trade Unions (CITU). In the meanwhile, the company has asked the government for assistance in upholding discipline. According to the organisation, it is crucial that all employees follow its policies, and those who do not will face disciplinary action following the proper procedures.

    The company has encouraged the state authorities to ensure worker safety, uphold discipline, and facilitate commercial operations, even as the brand’s production continues unabated. The South Korean behemoth’s $12 billion in revenue in India is largely derived from the Sriperumbudur facility, which produces washing machines, televisions, and refrigerators.

    Not a New Scenario for Sriperumbudur Facility

    Historically a centre for the production of electronics and automobiles, Sriperumbudur has seen labour unrest many times. The current conflict comes after a 37-day walkout that caused some production disruptions at Samsung last year. CITU appears to be trying to amplify the controversy. It had called for a one-day walkout at all of Tamil Nadu’s industrial units in the Kancheepuram area on February 20. A group of workers connected to the CITU union allegedly attempted to halt production on the morning of 21 February.

    “In flagrant violation of the Factories Act, Samsung began production using temporary workers who were not included on the company’s muster rolls. We halted the production process ourselves because the state labour department is not acting on the company’s illegal practices in spite of several complaints,” stated A. Soundararajan, the state president of the CITU. Workers reportedly protested on the shop floor for almost five hours starting at 8 a.m. The demonstrators were then driven out of the building by the police.

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  • Tamil Nadu Shows Consistent Growth, Passing 10,000 DPIIT-Registered Startups

    According to the state government, Tamil Nadu has achieved a noteworthy milestone by registering more than 10,000 startups with the Department for Promotion of Industry and Internal Trade (DPIIT). The increase in registrations demonstrates the expansion of the startup ecosystem in the state, which has advanced significantly in the previous three years.

    Quick Increase in the Number of Startups

    In Tamil Nadu, there are now over 10,000 DPIIT-registered startups, up from 2,300 in March 2021. The state’s startup support agency, StartupTN, has been credited with spearheading programs that have contributed to this quick expansion.

    The ecosystem has advanced thanks in large part to StartupTN’s numerous initiatives, which include funding support, mentorship opportunities, and incubation facilities. The CEO and Mission Director of StartupTN, Shivaraja Ramanathan, underlined the value of regional centres in the state. With nine regional hubs and one metro centre in Chennai, Tamil Nadu presently offers entrepreneurs the necessary infrastructure.

    Emphasis on Assisting Entrepreneurs

    To encourage entrepreneurship, especially among young people, the state government has taken proactive measures. StartupTN programs are designed to support young entrepreneurs and give them the tools they need to expand their companies. Ramanathan noted that, with state assistance, the organisation has concentrated on fostering an innovative culture.

    About DPIIT

    In India, the Department for Promotion of Industry and Internal Trade (DPIIT), a division of the Ministry of Commerce and Industry, is in charge of creating and carrying out developmental and promotional policies to support the expansion of the industrial sector while taking socioeconomic goals and national priorities into consideration. It significantly influences the framework of industrial policy, facilitates corporate transactions, and increases trade and investment in the nation.

    DPIIT is responsible for developing and overseeing industrial development policies. To guarantee the successful execution of these programs, it collaborates with state governments and other ministries. By emphasising modernisation, technological advancement, and luring both domestic and foreign investment, the department aims to foster an atmosphere that supports industrial progress.

    Startups recognised under DPIIT enjoy a number of advantages, including faster compliance, IPR fast-tracking, and access to several tax perks. The primary goal of the Startup India project is to assist startups in expanding their core businesses while lowering the regulatory load on them through low-cost compliance.

    The DPIIT also promotes technical innovation and the defence of intellectual property rights. Government programs can be a strategic advantage for companies aiming to modernise or grow. To finance these projects, entrepreneurs can also look into business loans, since DPIIT-backed firms frequently enjoy easier compliance and easier access to funding, including loans tailored to MSME requirements.

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  • Foxconn is in Discussions With TN to Expand its Battery Manufacturing Business in India

    According to reports, Foxconn, a Taiwanese electronics giant, is in talks with the Tamil Nadu government about growing its battery manufacturing operations in India. The Tennessee government has approached Foxconn, the largest contract manufacturer in the US, about 200 acres of property for the company’s proposed battery energy storage system (BESS) unit, according to media reports. Energy from both renewable and nonrenewable sources is typically locked and stored in batteries via a battery energy storage system.

    Talks are in Final Stage

    According to the reports, Foxconn has not yet made a decision, but the negotiations are nearing a close, and the business is probably going to move on with the project at the designated property in Tamil Nadu, as chairman Young Liu stated during his visit to India. During his August trip to India, Liu allegedly disclosed the Taiwanese electronics manufacturer’s intentions to establish a BESS facility there. With the first facility already established in Taiwan, the firm is aiming to increase its market share in the electric vehicle sector.

    It is important to remember that the Tennessee unit would be the second BESS unit in the world after the talks and state government clearance. According to the sources, Foxconn has also received an incentive package from the Tamil Nadu government.

    Manalur in Tiruvallur District Most Likely to Become Manufacturing Plant’s Destination

    The state also provided Foxconn property in the Tiruvallur district, close to Manalur. According to sources, the union government was preparing to issue tenders for the establishment of 10 gigawatts (GW) of battery energy storage projects in order to bolster India’s standing in the energy storage market. This news comes shortly after that. Foxconn was also thinking about investing about $1 billion (INR 8,354 cr) to establish a smartphone display module assembly plant in TN, which would be the company’s first facility of that kind in India.

    About Foxconn

    The largest electronics firm in the world, Hon Hai Technology Group (Foxconn), was founded in Taiwan in 1974. As the top supplier of technical solutions, Foxconn consistently uses its knowledge of hardware and software to combine cutting-edge technology with its distinctive manufacturing techniques. The Group’s long-term growth strategy and its four main product pillars—Smart Consumer Electronics, Cloud and Networking, Computing Products and Components, and Others—are fuelled by the three technologies it has expanded into: artificial intelligence (AI), semiconductors, and new-generation communications technology. It has also expanded its capabilities into the development of electric vehicles, digital health, and robotics.

    Hon Hai’s yearly income in 2023 was USD 198 billion. The company has set up manufacturing and research and development facilities in a number of international markets, including the United States, China, India, Japan, Vietnam, Malaysia, and the Czech Republic. The corporation has more than 57,729 patents and focuses on research and development. 

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  • Tata Electronics will Purchase a 60% Share in the iPhone Plant in Tamil Nadu

    According to a media citation, Tata Electronics plans to establish a new joint venture (JV) to purchase a 60% majority stake in Taiwanese contract manufacturer Pegatron’s iPhone facility in Tamil Nadu. According to the report, the action will improve Tata’s standing as an Apple supplier in its supply chain in India.

    Partnership Plan

    According to the plan, Pegatron would own the remaining 40% of the joint venture and offer technical support, while Tata Electronics would own 60% and manage day-to-day operations.

    The report added that the sources did not go into detail about the financial components of the arrangement, stating that details are not yet public. Internally, inside the iPhone plant, the contract was announced on November 15. Tata and Pegatron would submit a request for permission to the Competition Commission of India (CCI) “in the coming days.”

    Tata Has Become Preferred Partner of iPhone

    According to a media outlet in April, Pegatron is in advanced negotiations to sell the Tata Group its sole iPhone production facility in India, which is located close to Chennai.

    Apple has supported the purchase, sources informed the agency at the time. About 10,000 people work at Pegatron’s India plant, which produces 5 million iPhones a year. Tata is currently establishing an iPhone assembly factory in Hosur, Tamil Nadu, where Pegatron is anticipated to become a joint venture partner. The company already runs an iPhone assembly unit in Karnataka, which it acquired from Taiwan’s Wistron last year.

    In Light of the US-China Trade Tensions, Apple May Boost iPhone Manufacturing in India

    According to a report by a renowned media outlet, if US President Donald Trump fulfills his warning of enacting high taxes on Chinese imports, Apple Inc. could dramatically expand its iPhone manufacturing in India, possibly reaching $30 billion yearly over the next two years.

    The current estimated yearly value of Apple’s iPhone production in India is $15–16 billion. However, Apple may decide to move more manufacturing operations to India in response to Trump’s earlier warnings to put 60–100% taxes on Chinese goods, a position he reaffirmed during his campaign. According to the source, Trump imposed tariffs on Chinese goods during his first term, and analysts think he could use a similar tactic in his second term to strengthen India’s position in Apple’s global production network. A large rise in iPhone manufacturing might improve trade dynamics overall and cement Indo-US economic ties. According to the analysis, the electronics sector in India, especially the production of iPhones, stands to gain significantly, even though other industries may see difficulties.

    According to an official cited in the report, a possible boost in iPhone production may greatly benefit India, particularly in the electronics sector. According to experts, Apple may decide to move a sizable amount of its iPhone manufacturing to India as a result of Trump’s tariff policies, especially those pertaining to Chinese imports. Such a move would probably result in the creation of up to 200,000 new jobs and increase India’s manufacturing share of iPhones from the current 12 to 14% to over 26% in the upcoming years.

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