--- title: "Tata Group to open 100 exclusive Apple stores" description: "For much to Rs. 5,000 crore, Tata is reportedly in talks to purchase Wistron's sole iPhone manufacturing site in India." author: "Muskan Singh" published: 2022-12-12 canonical: https://www.mindstick.com/news/2546/tata-group-to-open-100-exclusive-apple-stores category: "apple" tags: ["apple", "technology", "technology news"] reading_time: 2 minutes --- # Tata Group to open 100 exclusive Apple stores - 100 Apple Stores will be opened by the Tata Group in India, and they will only sell Apple goods. - Tata might think about forming a [partnership](https://www.mindstick.com/news/2312/renault-and-google-increase-software-services-partnership-for-future-vehicles) with Wistron, the major Apple supplier in India. - IPhones are also assembled in India by Foxconn and Pegatron in addition to Wistron. [According to the Economic](https://answers.mindstick.com/qa/49754/what-is-the-india-s-gdp-growth-forecast-for-fy-18-according-to-the-economic-survey-of-india-esi-2017) Times newspaper on Monday, which cited two sources with knowledge of the situation, Indian conglomerate **Tata Group-owned Infiniti Retail, which owns the Croma chain of stores, plans to open 100 locations around the nation that will only offer Apple products.** According to sources involved with the negotiations, it was previously reported that the group was in talks to purchase **Wistron's sole [manufacturing](https://www.mindstick.com/articles/167329/improving-productivity-within-the-manufacturing-industry) site in India for up to Rs. 5,000 crore.** According to a report from sources close to Tata, if a deal to purchase the plant in the state of Karnataka in southern India cannot be reached, Tata may consider forming a [joint venture](https://www.mindstick.com/news/4046/equinix-partners-in-15-billion-joint-venture-to-expand-u-s-data-centers) with Taiwan's Wistron, one of Apple's top suppliers in India. At least three of Apple's overseas partners currently work in India to **assemble iPhones: Wistron in Karnataka, Foxconn in Tamil Nadu, and Pegatron in Chennai. Pegatron, a Taiwanese contract manufacturer for** **Apple****,** apparently began producing the new iPhone 14 in India early this month, according to rumours. **In India, Foxconn and Pegatron both produce Apple's most recent iPhone 14, with Foxconn beginning production in September.**\ Tata [Electronics](https://www.mindstick.com/articles/324025/what-skills-do-you-need-to-build-your-own-electronics) already provides parts to Apple. Tata and Wistron were reportedly debating establishing a joint venture to manufacture iPhones in India, according to a September Bloomberg article. Currently, at least three of Apple's foreign partners—Wistron in Karnataka, Foxconn in Tamil Nadu, and Pegatron in Chennai—assemble iPhones in India. **Pegatron, a Taiwanese contract manufacturer for Apple, apparently began producing the new iPhone 14 in India early this month, according to rumours**. In India, Foxconn and Pegatron both produce Apple's most recent iPhone 14, with Foxconn beginning production in September. **Apple**, based in Cupertino, California, has placed a significant wager on India since it started assembling iPhones there in 2017 with Wistron and later with Foxconn, in keeping with the [Indian government](https://yourviews.mindstick.com/view/84685/why-indian-government-should-ban-madarsa-to-trained-jihadis)'s goal for domestic manufacturing. **Apple may build one in every four iPhones in India by 202**5, according to J.P. Morgan analysts, as the [tech](https://www.mindstick.com/services/technologies) giant transfers some of its production there in response to escalating [geopolitical tensions](https://answers.mindstick.com/qa/113812/how-has-the-global-economy-been-impacted-by-recent-geopolitical-tensions-and-conflicts) and strict COVID-19 lockdowns --- Original Source: https://www.mindstick.com/news/2546/tata-group-to-open-100-exclusive-apple-stores Copyright © MindStick Software Pvt. Ltd. This Markdown version is provided for developers, AI systems, and offline reading.