iPhone Manufacturer Wistron doubles Investment in Bengaluru to Rs 1,600 crore

Bengaluru: One of Apple’s key manufacturers, Wistron Corp, is all set to double the investment in Bengaluru to Rs 1,600 crore as the Taiwan-based company is gearing up to expand its manufacturing facility at Narasapura in Kolar district on the outskirts of Bengaluru.

The company, which is currently manufacturing iPhone 6s, SE and 7 among other handsets, is planning to expand the scope of manufacturing beyond mobile phones to the internet of things (IoT) and biotech devices, it’s learnt.

On Thursday, V Lee, director of Wistron met Chief Minister BS Yediyurappa and Deputy Chief Minister CN Ashwath Narayana to discuss company’s expansion plans in Bengaluru. Wistron came to the IT City in June 2018 to set up its first manufacturing unit in Peenya where the company has recruited 1,500 employees, about 88% of them are localities.

The new plant is coming up on a 43-acre land, said IT Minister CN Ashwath Narayana. The company has planned to expand the facility in a phased manner with a total investment of Rs 3,300 crore. He also said the Taiwan-based company would give preference to the local community including people from Karnataka as it plans to recruit 15,000 please in the next three years.

“Taiwan is a world leader in hardware technology. We will extend full support to other companies to set up manufacturing facility by providing basic facilities. The Karnataka government has also extended support to Wistron to set up a Research and Development (R&D) centre along with their headquarters at Aerospace Hardware Park near Kempegowda International Airport, Bengaluru,” the Deputy Chief Minister explained.

As per media reports, Foxconn Technology Group, Apple’s other big contract manufacturer operating in India, is also scaling up local manufacturing. The company has proposed to invest up to Rs 5,000 crore in its facility in Sriperumbudur, near Chennai and is awaiting government approval.