ADVERTISEMENT

Make in India – Apple’s Component Manufacturer Wistron to assemble iPhone parts in India
M

Apple's Key component manufacturer, Wistron, is planning to start assembling iPhone parts in India.

In Budget 2020, Finance Minister Nirmala Sitharaman announced an increase of import tax on PCBs (Printed Circuit boards) from 10% to 20%. Considering the Make in India initiative, Apple announced its manufacturing partner Wistron to assemble iPhone parts in Bengaluru, and this move will give wings to Make in India Initiative, creating more job opportunities in the country.

Many of apple’s smartphone PCBs are assembled in China by Taiwan’s Wistron Corp which is now planning to manufacture the PCBs at its southern plant in Bangalore.

Wistron’s India unit will be first for the contract manufacturer, which began manufacturing apple’s new low priced SE model and currently also assembles iPhone 7 and 8 models.

Wistron is said to invest 30 billion, and the facility will be capable of producing approximately 8 million smartphones, as per the proposal given by the company to Karnataka state Government said that this would help gain leap in the Make in India initiative.

Wistron’s rival Foxconn began making the iPhone XR model in India last year, which assembles PCB locally still India is dependent on china for other parts like display panels and camera module parts.

Manufacturing parts in India will not only lower apple smartphone prices also would help Apple to gain a foothold in the fast-growing Indian Market with the Make in India Initiative.

Apple is seeking tax concessions on the import of key components of its smartphones; however, most of them have been declined by the Indian Government.

+ posts

An enthusiastic content writer with zeal and impetus to work towards excellence

Disclaimer: The views, thoughts, and opinions expressed in the article have been curated for our audience and does not warrant a 100% accuracy. All the information mentioned in the article is subject to change according to the changing viewpoints. Feel free to reach us at [email protected] for any change or copyright issues.

Note: If you buy something via a link on this page, we might earn a small commission on it.

Deepish Mahajan
Deepish Mahajan
An enthusiastic content writer with zeal and impetus to work towards excellence

Leave A Reply

Please enter your comment!
Please enter your name here

related stories

The operation of platforms such as Robinhood has left several inexperienced traders navigating the complexities of the market without adequate protection.

Robinhood, Democratizing Finance, and Novice Traders

0
The growing wealth gap and income inequality concerns have increased interest in financial service tools and strategies that expand market access to non-conventional participants,...

Health Tech Revolution, Diabetes Apps Market, and Emerging Trends

0
T1D, Type 1 diabetes is on the rise, particularly among young people. According to International Diabetes Federation 2019 data, over 1.1 million adolescents and children...
Today, let's talk about some of the fastest-growing companies in India and explore how businesses and entrepreneurs can capitalize on emerging trends.

Insights from India’s Fastest Growing Companies 2021

0
With a GDP of about 2.9 trillion USD and a population of over 1.3 billion, India is one of the most significant economies worldwide...
Today, let's discuss lucrative business opportunities in digiceuticals, print media, and the expansion of seller marketplaces.

Rising Trends: Wearable Birth Control, Print Media, and 3rd-Party Marketplaces

0
Wearable Birth Control The growing popularity of wearable healthcare products, including birth control, is an emerging transformation towards telehealth. Wearables are wireless communication devices that...
The age of information has somehow left us less informed than ever before. It has built the perfect environment for conspiracy theories.

From Influencers to Big Tech: How Everyone is Monetising From Conspiracies

0
Earth is flat, Tupac is still alive, climate change is a lie, the reptilian elite rules our world, and the COVID-19 is a biological...
Facebook would strive to be maximalist, interconnected experiences set straight out of sci-fi, a world known as the metaverse.

Mark, Metaverse, and Facebook’s Ambitious Mission

0
Mark Zuckerberg, the CEO of Facebook, told his employees about the company's ambitious new initiative last month (1). He stated that the firm is...
ByteDance's new trademark application suggests that TikTok, the short video platform that India banned over a year ago, could find its way back.

Can Tiktok find its way back to India with a changed name?

0
A year after its ban in India, TikTok, the popular short video app, is looking to re-enter its second-biggest market, according to a new...

Netflix Flirting with Gaming Industry: Smart or Dumb?

0
With over 200 million subscribers and intense competition from Disney, Amazon, HBO Max, and the likes, the biggest question of the year was, can...
ADVERTISEMENT