First Indian-owned iPhone plant is just around the corner as Apple diversifies its supply chain

Indian outfit Tata is reportedly getting ready to take over an iPhone manufacturing plant - making it the first Indian-owned plant of its kind. The plant is currently owned by Taiwanese company Wistron, with the pair said to be working on getting a deal over the line before the end of March. The news comes as Apple further diversifies its iPhone supply chain to reduce its reliance on Chinese and Taiwanese companies and labor. Apple's iPhone supplies have been hit thanks to ongoing COVID-19 concerns in China recently, with one Foxconn factory also experiencing worker riots. Things got so bad at the Zhengzhou plant that Apple had to get involved. It didn't help that the plant is the only one on the planet that assembles Apple's best iPhone - the iPhone 14 Pro. While it isn't immediately clear what impact Tata's ownership of this southern Indian plant will have on Apple, it is far from the only one in the country.