Apple supplier Wistron has received approval to build a new assembly facility in the south Indian state of Karnataka, reports Reuters.
The Karnataka state government has approved Wistron Infocomm Manufacturing India Pvt Ltd’s application for 43 acres of land, roughly 65 km (40 miles) from the tech hub of Bengaluru, according to a government document reviewed by Reuters.
It's said that Wistron will invest about $105 million to develop the land and manufacture smartphones, internet of things (IOT) products and bio-tech devices. The plant will create about 6,000 jobs.
“When discussions started, their (Wistron’s) requirement was 50-100 acres,” a senior government official told Reuters.“But we were not immediately able to provide all the land.”
The state has apparently assured Wistron that it will be able to meet its land requirements. Wistron's expansion suggests that Apple is planning to boost iPhone manufacturing in the country. India is seen as an expanding market; however, imported iPhones face steep duties, making it harder for Apple to sell its smartphones at a price customers can afford.
Wistron already assembles the low-cost iPhone SE model in Bengaluru.
Hit the link below for more details...
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The Karnataka state government has approved Wistron Infocomm Manufacturing India Pvt Ltd’s application for 43 acres of land, roughly 65 km (40 miles) from the tech hub of Bengaluru, according to a government document reviewed by Reuters.
It's said that Wistron will invest about $105 million to develop the land and manufacture smartphones, internet of things (IOT) products and bio-tech devices. The plant will create about 6,000 jobs.
“When discussions started, their (Wistron’s) requirement was 50-100 acres,” a senior government official told Reuters.“But we were not immediately able to provide all the land.”
The state has apparently assured Wistron that it will be able to meet its land requirements. Wistron's expansion suggests that Apple is planning to boost iPhone manufacturing in the country. India is seen as an expanding market; however, imported iPhones face steep duties, making it harder for Apple to sell its smartphones at a price customers can afford.
Wistron already assembles the low-cost iPhone SE model in Bengaluru.
Hit the link below for more details...
Read More