Tata Group is all set to become India’s first homegrown iPhone maker. The company agreed to buy Taiwan’s Wistron Corp plant in the southern part of the country.

Union Minister of State for Electronics & Technology, Rajeev Chandrasekhar, on social networking platform X, said, “Now within just two and a half years, Tata Companies will now start making iPhones from India for domestic and global markets from India. Congratulations to the Tata team for taking over Wistron operations.”

This will make Tata India’s first homegrown iPhone maker after the Wistron Corporation agreed to sell a plant in the southern part of the country.

In a meeting held today by Wistron, its board approved the sale of Wistron InfoComm Manufacturing Private Limited to Tata for a total consideration of $125 million.

Rajeev Chandrasekhar added, “Ministry of Electronics & IT stands fully in support in growth of Global Indian Electronics companies that will in turn support global Electronic brands that want to make India their trusted manufacturing & talent partner and to realise PMs goal of making India a global electronics power.”

Tata Group has been in talks for more than a year for the takeover of the plant in an attempts to forge closer ties with Apple in India.

The company has also announced that it will launch 100 Apple-authorised stores in India.