Tata set to be first Indian firm to manufacture iPhones in India

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Tata Group may soon become the first Indian company to assemble iPhones for India and other global markets. 

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Tata has been in talks to acquire Taiwan-based Wistron Corp's factory

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As reported by Bloomberg, both parties are "close to an agreement

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adding that a formal takeover may happen by August

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Wistron assembles iPhone 14 at its Karnataka facility

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which will be overseen by Tata Group once the deal is finalised

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Tata's deal could boost India's reputation in the hardware manufacturing segment

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which has also been the PM Narendra Modi-led government's long-term goal.

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The government has been aggressively pushing for its made-in-India initiative

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