In 50 Words: Tata Group to assemble iPhones in India after $125m acquisition

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In 50 Words: Tata Group to assemble iPhones in India after $125m acquisition

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Tata Group has received approval to begin assembling iPhones in India, following the purchase of Wistron Corporation’s Indian manufacturing unit for around US$125 million.

The move comes as Apple seeks to diversify production away from China and positions India as a key growth area.

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