Tata Electronics News
In March this year, PM Modi virtually laid the foundation stone of a state-of-the-art semiconductor fab in Dholera, Gujarat and a Semiconductor Assembly and Test (OSAT) facility in Jagiroad.
Currently, iPhone 12 and iPhone SE (second generation) are being manufactured/assembled at Taiwan-based iPhone manufacturer Wistron's Karnataka factory, which Tata Electronics is set to take over soon.
The move will only give a fillip to the government's local manufacturing dream, at a time when iPhone exports from the country surged to cross $5 billion (over Rs 40,000 crore) in FY23.
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