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Apple is facing delays in government approvals for imports of crucial components from existing suppliers, which are primarily based in China
 "Apple looking for suppliers of crucial components in India, Taiwan, S Korea")
The government's target of hitting $52-$58 billion in mobile phone exports in FY26 has been faltering; an Indian corporate group with financial muscle will help
 "Wistron deal: Tata gets global reach, Apple gets to hedge geopolitical bets")
Union Minister Rajeev Chandrasekhar said on Friday that the manufacture of Apple iPhones would start within two and a half years
 "Tata Group to make iPhones in India for global market: Rajeev Chandrasekhar")
On the other hand, global smartphone makers Foxconn (Hon Hai), Wistron, and Samsung have been meeting their targets successfully and are likely to do the same this year as well
 "Indian smartphone firms having a tough time meeting PLI targets for FY24")
Tamil Nadu is likely to make up for a large part of these jobs, alongside Delhi-National Capital Region, and Karnataka
 "Smartphone manufacturers expected to hire 60,000 in next 6-12 months")
Tata Group is understood to be in advanced stages to acquire the Karnataka manufacturing unit of Taiwan-based Wistron, a contract manufacturer for Apple, to become the first Indian iPhone maker, sources said. The acquisition will be carried out through Tata Electronics, a wholly-owned subsidiary of Tata Sons, the promoter holding firm of salt-to-software conglomerate Tata Group, they added. When reached for comments, Tata Group declined to comment. An e-mail sent to Apple did not elicit a response. Wistron could not be reached for comments. According to one of the sources, a public announcement on the development would depend on what Apple chooses as the company closely controls its ecosystem. It is likely that apart from iPhone, once Tata Group takes over the Karnataka plant, other new Apple products could also be assembled from the unit. The latest move by the Tata Group to acquire Apple supplier's unit, is also expected to give fillip to Apple's efforts to tap into production .
 "Tata Group in advanced stages to acquire Wistron's Karnataka plant")
The commerce and industry ministry has suggested departments, which are implementing their sector-specific production-linked incentive schemes, hold consultations with PLI beneficiary companies to understand their issues, government officials said. The suggestion was made in a workshop on the production-linked incentive (PLI) scheme called by the ministry on June 27. The meeting assumed significance as the government disbursed only Rs 2,900 crore till March 2023 out of Rs 3,400 crore claims received under the scheme. The scheme was announced in 2021 for 14 sectors, such as telecommunication, white goods, textiles and pharma with an outlay of Rs 1.97 lakh crore. The departments were also asked to ensure that PLI beneficiaries complete their investments and meet production targets. "It was suggested to the line ministries now to call the PLI beneficiary companies for consultations with them only and if they flag any issue, it could be conveyed to the commerce and industry ministry so