Tata Group in talks to acquire Wistron's iPhone manufacturing facility
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An iPhone, made in India by Tata Group, could soon become a reality. The homegrown multinational conglomerate is in talks with Wistron Corp., one of Apple's top three vendors in India, to acquire its manufacturing facility in Karnataka. Tata has offered Rs. 4,000-5,000 crore for the factory. If the deal goes through, Tata would become the first Indian company to build iPhones.