Tata to build one of the largest iPhone assembly plant in India

Tata Group, the first domestic iPhone manufacturer in India, plans to build a second assembly plant near Bangalore, Karnataka. The new factory in Hosur, Tamil Nadu, will have around 20 assembly lines and provide employment for 50,000 people within two years. It is expected to be operational within 12 to 18 months. In addition, Tata is ramping up recruitment at its existing facility in Hosur and will launch 100 retail outlets dedicated to Apple products. Apple aims to produce 50 million iPhones annually in India, accounting for 25% of global production by 2030.