Apple supplier Wistron triples Bengaluru investment

Bengaluru, Mar 8: Apple’s Taiwanese supplier Wistron has increased its proposed investments in the Narasapura facility in Kolar district three-fold to Rs 1,947 crore from its earlier target of Rs 682 crore. This is to expand the scope of manufacturing beyond mobile phones to IoT (internet-of-things) and biotech devices.
A state commerce and industries secretariat document last year showed Wistron planned to invest Rs 682 crore in the Kolar unit employing 6,000 people.
Gaurav Gupta, principal secretary – commerce & industries, IT, biotech and S&T, said the Narasapura facility will commence operations in August. The revised investment outlay is Rs 1,947 crore and the employment target is 10,000 people. The 43-acre land will be one of the biggest clusters in the state to manufacture smartphones, and IoT and biotech devices.
Wistron India provides design, manufacturing and after-sales service support functions for information, communication and telecom products. It focuses on making notebooks, desktops, storage systems, networking and communication products, LCD TVs, smartphones and handheld devices. It also manages returns for its customers and logistics and warehouse distribution. Apart from Apple, it services brands like Lenovo, Dell and HP. It employs more than 1,000 people in its two existing facilities in the industrial hub of Peenya in Bengaluru.
One of the Peenya units has been assembling the low-cost iPhone SE since the past two years. The unit is also reported to have started production of the iPhone 6s recently. Once the new facility is up, Apple is expected to assemble more products here.