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Tata and Foxconn power India’s electronics manufacturing revolution

Source: theweek.in theweek.in
News Snapshot:

In a recent development, Tata Electronics has overtaken Foxconn to become the largest contract manufacturer for Apple in India. The company now employs around 75,000 workers in India, which is a huge jump from just 15,000 only two years ago. This rapid growth shows how quickly Indian firms are stepping up and taking big roles in global supply chains, something that seemed almost impossible a decade ago.Earlier, foreign companies like Foxconn from Taiwan were leading the work of making iPhones and electronic gadgets in India. They had the experience, the technology, and the workforce. But now, an Indian homegrown company,…

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