First Indian-owned iPhone plant is just around the corner as Apple diversifies its supply chain

Indian company Tata is reportedly preparing to buy an iPhone manufacturing plant.

The plant is now owned by Taiwanese company Wistron, and the two companies are said to be working on a contract for the line by the end of March. Tata is now believed to be poised to acquire a majority stake in the joint venture between the two companies. It also oversees manufacturing.

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