Business World

Apple partner Wistron seeks to expand India smartphone parts plant — government official

- Wall Street Journal

MUMBAI — Smartphone component maker Wistron Corp., which counts Apple, Inc. among its customers, has applied for permission to expand its plant in the Indian city of Bengaluru, a highrankin­g regional government official said on Monday.

The Taiwanese contract manufactur­er has also requested that its applicatio­n be fast-tracked, the official at the state government of Karnataka in southern India told Reuters.

The move comes less than two weeks after the reported that Apple was in talks with India’s federal government about the possibilit­y of assembling products in one of the world’s biggest smartphone markets, where the US tech firm controls less than 2%.

Apple setting up production in India would be a significan­t win for the government which has embarked on a major campaign to attract global manufactur­ers under the slogan “Make in India.”

“Wistron has approached us to expedite certain clearances with regard to the augmentati­on and expansion of its existing unit,” said the official, who was not authorized to speak publicly on the matter and so declined to be identified.

Whether Apple will begin manufactur­ing in India is unknown, but Wistron’s desire to expand “pretty quickly” could represent “several steps in that direction,” the official said.

Apple did not immediatel­y respond to an e-mail seeking comment. Wistron could not be reached for comment.

Analysts have said local manufactur­ing could come as part of a wider strategy for Apple to expand in India and even lower prices after Chief Executive Tim Cook visited the country in May and met Prime Minister Narendra Modi.

Another of Apple’s Taiwanese suppliers, Hon Hai Precision Industry Co. Ltd — commonly known as Foxconn — also has a manufactur­ing facility in southern India. —

Newspapers in English

Newspapers from Philippines