Apple iPhone production at Tata Electronics hits Rs 40,000 crore in 2024: Report

Tata Electronics annual iPhone production soared to over Rs 40,000 crore in 2024, reporting a 180% year-on-year increase. The Tata Group company, which acquired Wistron’s iPhone facility in Karnataka’s Narsapura for $125 million in October 2023 now contributes approximately 26% of India’s total iPhone output, reports Business Standard.