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Podcast | Tata Group to invest ₹5,000 cr to set up phone component plant for Apple in TN

BL Internet Desk | Updated on October 28, 2020 Published on October 28, 2020

The Tata Group is investing ₹5,000 crore to set up a phone component manufacturing plant at the industrial complex in Hosur, Tamil Nadu. The new company, Tata Electronics, has been allotted 500 acres by TIDCO(Tamil Nadu Industrial Development Corporation), and the bhoomi puja was performed on Tuesday. The investment will be scaled up depending on the level of sourcing from the facility and could even touch ₹8,000 crore.

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Published on October 28, 2020