"wistron"

Wistron corp. has decided to sell a plant in the Southern part of the country to Tata.

The move will only give a fillip to the government's local manufacturing dream, at a time when iPhone exports from the country surged to cross $5 billion in FY23

"We are looking forward to restarting our operations and welcoming back team members," David Shen, CEO Wistron Smart Devices, said in a statement.

The companies include iPhone maker Apple's contract manufacturers Foxconn Hon Hai, Wistron, and Pegatron, apart from Samsung and Rising Star.

The committee will review changes to facilitate manufacturing depth under 'Make in India' through technology depth