Latest news with #TataElectronics
Time of India
5 days ago
- Business
- Time of India
Tata Electronics builds India's 1st semiconductor fabrication unit: Gujarat enables 1,500 residential units; mainly for Tata Group staff, suppliers
The first chip production from Dholera would commence by December 2026. (AI image) India's 1st semiconductor fabrication unit: Gujarat is facilitating the construction of 1,500 residential accommodations for expatriates and staff members of the Tata Group and its vendors at Dholera, Ahmedabad district, where the organisation is establishing India's first semiconductor fabrication facility. The development is taking place within the Dholera Special Investment Region. The Rs 91,000 crore Tata Electronics fabrication facility is projected to create over 20,000 skilled employment opportunities, both direct and indirect. Construction has commenced on an additional 1,000 units, supplementing the existing 500 apartments, with completion anticipated by February-March next year. These serviced accommodations offer options of one, two or three bedrooms. "There is an availability of about 275 apartments currently of which about 250 have been occupied by the Tata Group and their suppliers and other ecosystem companies, while 225 are nearing completion," said Mona Khandhar, principal secretary at the Department of Science and Technology in Gujarat according to an ET report . "They are in Dholera, in the vicinity of the upcoming fab and have been occupied by the teams presently stationed there. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Giao dịch vàng CFDs với mức chênh lệch giá thấp nhất IC Markets Đăng ký Undo " At the ground-breaking event of the Tata facility in Dholera in March 2024, union minister for electronics and information technology Ashwani Vaishnaw said that the first chip production from Dholera would commence by December 2026. Tata Electronics semiconductor unit "The Gujarat government hasn't directly constructed these (residential) facilities," Khandhar explained. "Private developers have undertaken the projects on plots auctioned through a special purpose vehicle established by the Gujarat government. These dwellings are separate from those the Tata Group plans to develop independently." Also Read | Big win! China companies now exporting 'Made in India' smartphones & electronics to US, West Asia; notable shift for Chinese brands The initial phase involves a 10-acre allocation to the Tata Group, with plans to complete 530 apartments by mid-2027, she indicated. "As the Tata Group serves as an anchor investor, we ensure their consultation when necessary to maintain coordinated efforts," she said. The Gujarat government is facilitating infrastructure development for Tata Group employees and suppliers, including expatriate staff. The development encompasses a fire station, school, hospital, desalination plant, hotel and additional facilities including a 'Global Tent City'. The Gujarat government intends to create an environment in Dholera reminiscent of expatriates' native countries. The Global Tent City will feature culinary streets representing Taiwan, Korea, Japan, the US and various European nations. Plans also include a premium mall and accommodation facilities. Stay informed with the latest business news, updates on bank holidays and public holidays . AI Masterclass for Students. Upskill Young Ones Today!– Join Now
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Business Standard
5 days ago
- Business
- Business Standard
Apple vendors cross 20% domestic value addition threshold in India
Samsung, Padget Electronics also cross similar threshold New Delhi Listen to This Article Apple India's iPhone contract manufacturers, such as Tata Electronics, Wistron Infocomm Manufacturing, Pegatron Technology India, and Foxconn Hon Hai India, have crossed the 20 per cent domestic value addition (DVA) threshold across variants, according to official government documents seen by Business Standard. This assumes significance as the Cupertino-headquartered major exported iPhones worth ₹1.5 trillion (free on board value) from India in FY25, recording a 76 per cent rise from the previous year. Apple CEO Tim Cook had at a recent earnings call said that a majority of the iPhones sold in the United States in the June quarter would be
Time of India
14-06-2025
- Business
- Time of India
Centre clears Rs 193 crore for women's hostel, drinking water at Karnataka's Narasapura iPhone facility
Bengaluru: The Centre has sanctioned Rs 193 crore under the State Capital Investments Scheme for constructing working women's hostels and water facilities supporting iPhone contract manufacturer Tata Electronics in Kolar district's Narasapura industrial area. Tata Electronics acquired Wistron, a Taiwanese contract manufacturer, for $125 million two years ago. T he Karnataka govt approved the detailed project report and allocated funds for water supply infrastructure in the Narasapura industrial zone and neighbouring villages. According to sources, the accommodation facilities will house 6,000 women workers, with the project completion scheduled in 18 months. "In Narasapura industrial area, Tata Electronics (Wistron) is setting up a large manufacturing unit, where about 18,000 women workers are expected to be employed. Therefore, to address the drinking water requirement of the women workers and surrounding villages, the proposed drinking water scheme is necessary. In the absence of such a project, there will be difficulty in operating women-centric industrial units. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Switch to UnionBank Rewards Card UnionBank Credit Card Apply Now Undo After reviewing this, the proposal is approved," the state govt's notification said. An email sent to Tata Electronics didn't elicit a response till the time of going to the press. The central govt has already released Rs 127 crore to Karnataka's SNA (Single Nodal Agency). Karnataka industries minister MB Patil told TOI that the initiative is aimed at encouraging greater participation of women in the workforce. As part of the state's latest industrial policy, 10-15% of industrial areas have been earmarked for developing housing facilities, with a focus on supporting women to remain in the workforce. Recently, Patil took to social media to say Apple's contract manufacturing partner Foxconn will start production of iPhones at Devanahalli in June. Foxconn's 300-acre Devanahalli unit, within the Information Technology Investment Region (ITIR), is being established with an investment of Rs 21,911 crore. It is expected to be the largest iPhone manufacturing facility outside China. The Economic Times reported recently that the Foxconn facility will prioritise accommodation for its female workforce, with dormitories for 30,000 employees. Initial govt approval indicated 50,000 job opportunities. Karnataka maintains one of India's highest female labour participation ratio with a 31.5% female work participation rate, according to the 2021-22 Periodic Labour Force Survey. The state's workforce comprises 41% in agriculture and 21.5% in industry. Rural women predominantly work in agriculture, while urban women work in manufacturing and services, as per IWWAGE's report. Recent statistics from Sumita Dawra, labour ministry secretary, showed that the women worker population ratio increased from 22% in 2017-18 to 40.3% in 2023-24, while the female labour force participation rate rose from 23.3% to 41.7% during the same period. Follow more information on Air India plane crash in Ahmedabad here . Get real-time live updates on rescue operations and check full list of passengers onboard AI 171 .
New Indian Express
13-06-2025
- Business
- New Indian Express
Foxconn exports 97% of India-made iPhones to US during March-May
Foxconn, the contract manufacturer of iPhones in India, exported 97% of its India-made iPhones to the US market between March and May 2025. According to a report, the company exported iPhones worth $3.2 billion from India during this period, with an average of 97% of shipments headed to the US — up significantly from an average of 50.3% in 2024. Meanwhile, Tata Electronics, another major iPhone manufacturer in India, shipped nearly 86% of its production to the US during March and April 2025, compared to only 52% in 2024. This development supports Apple CEO Tim Cook's statement made in May 2025, in which he announced that the majority of iPhones sold in the United States during the June quarter (April to June 2025) would be manufactured in India. Speaking during the company's second-quarter earnings call, Cook also mentioned that while China remains Apple's primary manufacturing base for most products sold outside the US, India is becoming increasingly important for the US market.
Arabian Post
13-06-2025
- Business
- Arabian Post
India Becomes Crucial Node in Apple's Tariff-Battling Export Strategy
Foxconn's latest customs data confirms that from 1 March to 31 May 2025, an overwhelming 97 per cent of all iPhones assembled in India were destined for the United States, totalling $3.2 billion in exports—nearly double the 50 per cent average seen throughout 2024. May alone accounted for almost $1 billion, the second‑highest monthly export value ever recorded—just behind March's $1.3 billion. This sharp shift reflects Apple's concerted effort to navigate escalating U.S. tariffs targeting Chinese exports, under a policy framework that now imposes 55 per cent duties on Chinese-made goods. India, by contrast, is subject to only a 10 per cent base tariff—with ongoing negotiations aimed at averting a proposed additional 26 per cent reciprocal levy. Apple's strategic manoeuvres go well beyond plant output figures. In March, it chartered aircraft to ship around $2 billion worth of iPhone models—including the 13, 14, 16 and 16e series—from Chennai to the U.S.. Concurrently, it has lobbied Indian customs officials to streamline clearance time at Chennai Airport from approximately 30 hours to just six. ADVERTISEMENT Tata Electronics—the smaller of Apple's Indian manufacturing partners—also ramped up its U.S.-bound export rate, shipping an average of 86 per cent of its March‑April output abroad, compared to just 52 per cent across 2024. Analysts at Counterpoint Research estimate that Apple's production capacity in India will contribute 25–30 per cent of global iPhone shipments by the end of 2025, up from 18 per cent in 2024. Industry insiders note that Tamil Nadu has become India's iPhone manufacturing epicentre, hosting some 70–80 per cent of domestic output through facilities run by Foxconn, Pegatron and Tata, and leverages major infrastructure investments to support scale‑up. The strategic pivot has not gone unnoticed in Washington. Donald Trump voiced disapproval in Doha, urging Apple to prioritise U.S.-based manufacturing over Indian operations. He cast the policy shift as unwelcome, stating he did 'not want you building in India' and emphasised domestic production, although analysts warn it would be economically unfeasible—potentially tripling iPhone prices—if Apple were to replicate its Chinese supply chain in the U.S.. Despite vocal criticism from Trump, India's government continues to cultivate its appeal as a high‑tech manufacturing hub under the 'China Plus One' model. Prime Minister Narendra Modi's administration has facilitated green corridors and industrial investments, particularly in Tamil Nadu, aiming to amplify smartphone exports. The state's industrial minister and private‑sector leaders have pointed to India's growing workforce and operational readiness as key strengths. However, the pathway is not without hurdles. High duties on imported components continue to hinder cost efficiency, even as trade negotiations between New Delhi and Washington seek to secure tariff relief. India remains more expensive than other manufacturing hubs unless concessions are secured. Still, the numbers speak convincingly. Foxconn's India exports hit $4.4 billion to U.S. shores in just the first five months of 2025—already exceeding the full‑year 2024 tally of $3.7 billion. Simultaneously, India's mobile‑electronics exports raced ahead, reaching approximately $12.8 billion in 2024, with iPhones now powering nearly 70 per cent of that figure. India's climb in Apple's supply chain mirrors broader geopolitical shifts—illustrating how trade pressure, tariff regimes and national strategies are reshaping global manufacturing. As Apple continues to amplify operations in India, the region is fast developing into a pivotal node in the technology economy—offering a compelling alternative to the long-established China corridor amidst deepening trade tensions.
