Tata Electronics Hits Rs 40,000 Crore in iPhone Production for 2024, Says Report

Highlights

• Tata Electronics achieved over Rs 40,000 crore in iPhone production in 2024.
• It marks a 180% year-on-year growth and contributes 26% of India’s total iPhone output.
• Tata Electronics is in talks with Xiaomi and Oppo to take its electronics manufacturing services beyond Apple.

Tata Electronics’ annual iPhone production exceeded Rs 40,000 crore in 2024 and marked a 180% year-on-year growth, according to a recent Business Standard report.

Tata Electronics acquired Wistron’s iPhone manufacturing facility in Narsapura Karnataka for $125 million in October 2023. The company since acquiring that facility now contributes approximately 26% of India’s total iPhone output.

Key highlights from 2024 include:

• Production Value: Over Rs 40,000 crore, a 180% increase compared to 2023.
• Exports: Reached Rs 31,000 crore, reflecting a 125% rise year-on-year.
• Workforce Expansion: Employee strength grew by 63%, from 19,000 in 2023 to 31,000 in 2024.

These results showcase Tata Electronics’ alignment with Apple’s increasing demand and its growing role in India’s electronics manufacturing sector.

These results showcase Tata Electronics’ alignment with Apple’s increasing demand and its growing role in India’s electronics manufacturing sector.

Tata Electronics To Move Partnerships Beyond Apple

In addition to its partnership with Apple, Tata Electronics is reportedly in discussions with Chinese smartphone giants Xiaomi and Oppo as part of its strategy to diversify and scale its operations in the electronics manufacturing services (EMS) sector.

“Tata Electronics has realised that in order to be a top player in the electronics manufacturing services (EMS) ecosystem, it has to focus on scale now,” industry sources told The Economic Times.

“They are actively engaged in discussions with leading Chinese smartphone manufacturers including Xiaomi and Oppo to initiate component manufacturing,” one source added.

FAQs

Q1. What milestone did Tata Electronics achieve in 2024 in terms of iPhone production?

Answer. Tata Electronics achieved over Rs 40,000 crore in iPhone production marking a 180% year-on-year growth.

Q2. How much did Tata Electronics’ exports and workforce expand in 2024?

Answer. Exports reached Rs 31,000 crore (a 125% rise) and the workforce grew to 31,000 employees (a 63% growth).

Q3. Who is Tata Electronics reportedly in discussions with for component manufacturing?

Answer. Tata Electronics is reportedly in discussions with Xiaomi and Oppo to diversify and scale its electronics manufacturing services (EMS).