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Apple India expansion

Tata plans new iPhone factory to hasten Apple’s India expansion; Set to employ 50000 workers

Conglomerate Tata Group plans to build one of India's biggest iPhone assembly plants, tapping Apple Inc.'s ambitions to increase manufacturing in the South Asian country.Tata wants to construct the factory in Hosur in the southern Tamil Nadu state, according to people with knowledge of the matter. The facility will likely have about 20 assembly lines and employ 50,000 workers within two years, according to the people, who declined to be named discussing unannounced plans. The goal is for the site to be operational in 12…

Apple’s Chief Rival Has a Cautionary Tale for India

In July 2008, Apple Inc. opened its first retail store in China, marking the start of a meteoric rise in the country. Fifteen years later, Chief Executive Officer Tim Cook is offering the same blessing to India. It's obvious that the world's most-valuable company should hang out its shingle in what may already be the globe's most populous country, yet there's a cautionary tale not only from its time in China, but from its chief rival.When hundreds of people queued up for the opening of that first store in Beijing, the…