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Tata-Wistron deal will build on contract mfg base built by Dixon, VVDN, Optiemus

News Snapshot:

With the deal between the Tatas and Wistron awaiting regulatory clearance — a formality at this stage — the salt-to-software conglomerate is set to become the first domestic company to assemble Apple iPhones, marking a significant moment in the beginning of the rise of India’s contract manufacturing. There are a few key factors that have given an impetus to contract manufacturing in India, propelling a number of other domestic companies aside from the Tatas to kickstart domestic production. These include the government’s production-linked incentive (PLI) scheme for smartphone production, a worsening relationship between the US and China which has forced…

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