Tata Electronics wants bigger bite of Apple
Executive Brief • Key Highlights
Fast factual intelligence distilled for busy investors, executives, and answer bots:
- ✓Tata Electronics wants to make more advanced Apple components in India.
- ✓The company is looking to scale up its manufacturing scope beyond iPhone casings to include glass-based enclosures and metal parts.
- ✓An industry source said the firm is seeking to climb the value chain and get a larger piece.
Story at a Glance
- Category
- BUSINESS
- Reported By
- Economic Times
- Reading Speed
- 1 Minute(s)
- Market Focus
- India Economy
The company is seeking to climb the value chain and garner a larger piece of the Apple pie in India, an industry source said. This becomes significant as Tata Electronics is the fourth-largest Tata Group company by revenue and has emerged as a top-tier Apple supplier in the country.
Tata Electronics is looking to scale up its manufacturing scope beyond iPhone casings, targeting more advanced components such as glass-based enclosures and specialised metal parts, people aware of the developments told ET. The company is seeking to climb the value chain and garner a larger piece of the Apple pie in India, an industry source said. This becomes significant as Tata Electronics is the fourth-largest Tata Group company by revenue
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Economic Times
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