The increase in land transactions in the city, particularly in North Bengaluru, is also due to long-term appreciation potential of plots or land due to population and urbanisation growth, flexibility in use, tax benefits, low maintenance and no depreciation.
Tata, the largest conglomerate in India, is set to become the fourth iPhone supplier amid Apple’s efforts to diversify its manufacturing supply chain, according to research firm TrendForce.
Wistron shakes up India structure, management after factory troubles: Report
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Wistron shakes up India structure, management after factory troubles: Report
Reuters / Apr 15, 2021, 16:11 IST
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NEW DELHI: Wistron Corp, the Taiwanese assembler of Apple Inc s iPhones, has restructured its internal setup and management ranks in India, two sources said, after an investigation last year into violence at one of its plants.
Wistron s smooth working is key to Apple s ambitions in India as it gradually moves production to markets beyond China, navigating the trade war between Washington and Beijing and the coronavirus pandemic.
The firm has curtailed the roles of its India head and operations head, an industry source and a government official told Reuters, but declined to be identified as the matter was private.
Wistron Corp, Apple Inc. s iPhone assembler in India to resume production next week ANI | Updated: Feb 09, 2021 15:31 IST
New Delhi [India], February 9 (ANI): Wistron Corporation, Apple Inc. s main iPhone assembler in India, is set to resume production next week following the attack at the company s plant in Narsapura, Karnataka in December last year, over non-payment of salaries, sources said.
According to the sources, reconstruction of the iPhone manufacturing plant, run by Taiwan-based tech giant Wistron Corporation at Narsapura, is nearing completion.
Large scale rehiring post extensive background checks by local police is now underway.
Wistron Plant restart and i-Phone production will very likely begin next week.