• Send Us A Tip
  • Calling all Tech Writers
  • Advertise
Sunday, July 19, 2026
  • Login
TechStory
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to
No Result
View All Result
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to
No Result
View All Result
TechStory
No Result
View All Result
Home Business

Tata Electronics’ Production Surges to ₹40,000 Crore

by Anochie Esther
January 16, 2025
in Business, Finance, Gadgets, India News, Mobile, News
Reading Time: 2 mins read
0
Tata Electronics

Image Credits: Newsbytes App

TwitterWhatsappLinkedin

Acquiring Wistron’s Facility A subsidiary of the Tata Group, Tata Electronics has dramatically increased the production of Apple’s iPhones, recording a 180% surge to ₹40,000 crore. The company’s contribution now accounts for **26% of all iPhones manufactured in India**, marking a pivotal moment in India’s journey as a global electronics manufacturing hub.

You might also like

The Heart-Attack Invoice Global AWS Glitch Sparks Trillion-Dollar Billing Panic

Space Meets Gravity SpaceX Slips Below IPO Floor After Starship Abort

GameStop Becomes One of eBay’s Largest Shareholders With Nearly 10% Stake

The transformation began with Tata’s acquisition of Wistron’s iPhone production facility in **Narsapura, Karnataka**, for $125 million in October 2023. The deal not only provided Tata Electronics with a fully operational manufacturing unit but also brought in expertise and infrastructure tailored for high-volume production. This acquisition has proven to be a game-changer, enabling Tata Electronics to scale operations rapidly and establish itself as a key player in Apple’s global supply chain.

Boost in Production and Market Share

Following the acquisition, Tata Electronics expanded its production capacity significantly, with its output now representing over **one-fourth of India’s iPhone production**. The company’s increased role aligns with Apple’s broader strategy of diversifying its supply chain beyond China and tapping into India’s burgeoning electronics manufacturing ecosystem.

This surge in production has positioned India as a vital player in the global iPhone manufacturing landscape, underscoring its potential to challenge established markets.

Exports Skyrocket by 125%

The production boost has also led to a substantial increase in exports. Tata Electronics recorded a 125% rise in annual exports, reaching ₹31,000 crore in 2024. This growth highlights India’s growing competitiveness in the global electronics market, particularly in the premium smartphone segment.

The export success reflects not only Tata’s operational efficiency but also the favorable policies introduced by the Indian government, such as the Production Linked Incentive (PLI) scheme, which incentivizes high-value manufacturing and exports.

The expansion of Tata Electronics has also significantly impacted employment. The company’s workforce grew by an impressive **63%, from 19,000 employees in 2023 to 31,000 by the end of 2024**. This surge in employment not only highlights Tata’s commitment to creating jobs but also underscores the potential of India’s electronics manufacturing sector to provide meaningful employment opportunities at scale.

The numbers tell a compelling story of Tata Electronics’ rapid ascent:

– Production Value:  ₹40,000 crore in 2024, up 180% from 2023.

– Export Revenue: ₹31,000 crore, a 125% increase year-on-year.

– Employment Growth: 31,000 employees in 2024, up from 19,000 in 2023.

This remarkable trajectory demonstrates Tata Electronics’ ability to scale operations, integrate seamlessly into Apple’s global supply chain, and drive economic growth in India.

Apple’s growing reliance on India for iPhone production reflects a broader strategy of diversifying its manufacturing base away from China. Geopolitical tensions and supply chain disruptions have pushed Apple to explore alternative production hubs, with India emerging as a natural choice due to its vast labor pool, favorable policies, and improving infrastructure.

Tata Electronics’ success is a testament to the effectiveness of this strategy, proving that India can meet the high standards required for manufacturing premium products like the iPhone.

The remarkable growth of Tata Electronics is a testament to India’s potential as a global manufacturing powerhouse. By achieving a 180% surge in production and accounting for 26% of India’s iPhone output, Tata has not only bolstered Apple’s diversification strategy but also showcased the capabilities of Indian manufacturing on the world stage.

As Tata Electronics continues its upward trajectory, its success is poised to inspire other companies to invest in India, further solidifying the country’s position in the global electronics manufacturing ecosystem. This milestone is not just a victory for Tata but a significant leap forward for India’s aspirations to become a global technology hub.

Tags: #180%#profit surge#₹40000 Croremade in indiaTata Electronics
Tweet55SendShare15
Previous Post

OpenAI Launches Tasks to Compete with Alexa and Siri

Next Post

Italy’s Largest Bank Ventures into Cryptocurrency with $1M Bitcoin Investment

Anochie Esther

Recommended For You

The Heart-Attack Invoice Global AWS Glitch Sparks Trillion-Dollar Billing Panic

by Anochie Esther
July 19, 2026
0
global AWS billing glitch

The multi-billion-dollar global cloud computing landscape operates on a foundation of absolute architectural trust. Enterprises, software developers, global charities, and university students routinely deploy code onto remote server...

Read more

Space Meets Gravity SpaceX Slips Below IPO Floor After Starship Abort

by Anochie Esther
July 19, 2026
0
SpaceX IPO

The aggressive, boundary-pushing expansion of the commercial aerospace industry has run straight into an unyielding financial wall on Wall Street. For over a decade, Space Exploration Technologies Corp....

Read more

GameStop Becomes One of eBay’s Largest Shareholders With Nearly 10% Stake

by Rounak Majumdar
July 18, 2026
0
GameStop Becomes One of eBay's Largest Shareholders With Nearly 10% Stake

GameStop, the video game retailer turned activist investment vehicle under CEO Ryan Cohen, disclosed in a regulatory filing late on July 17, 2026 that it now owns 43.4...

Read more
Next Post
Italy’s Largest Bank Ventures into Cryptocurrency with $1M Bitcoin Investment

Italy’s Largest Bank Ventures into Cryptocurrency with $1M Bitcoin Investment

Please login to join discussion

Techstory

Tech and Business News from around the world. Follow along for latest in the world of Tech, AI, Crypto, EVs, Business Personalities and more.
reach us at info@techstory.in

Advertise With Us

Reach out at - info@techstory.in

Aviator Game India 2026

BROWSE BY TAG

#Crypto #howto 2024 acquisition AI amazon Apple Artificial Intelligence bitcoin Business China cryptocurrency e-commerce electric vehicles Elon Musk Ethereum facebook funding Gaming Google India Instagram Investment ios iPhone IPO Market Markets Meta Microsoft News OpenAI samsung Social Media SpaceX startup startups tech technology Tesla TikTok trend trending twitter US

© 2025 Techstory.in

No Result
View All Result
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to

© 2025 Techstory.in

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?