Tata Archives - Corporate Updates

Tata invests ₹1,500 cr to expand iPhone production

Tata Group is stepping up its push in electronics manufacturing by investing an additional ₹1,500 crore into its iPhone production business.

The fresh funding will go into Tata Electronics, which has quickly become a key player in making iPhones in India. This investment is part of a larger plan to strengthen the company’s role in global supply chains and expand its manufacturing capacity.

Over the past few years, India has become an important base for smartphone production, especially for Apple. A growing number of iPhones are now being made in the country, and Tata is playing an increasing role in this shift alongside other global manufacturers.

The latest investment is expected to help Tata scale up operations, improve infrastructure, and support future expansion. It also reflects the group’s long-term commitment to the electronics sector, which is seen as a major growth area.

Tata has also been strengthening its position by taking control of existing manufacturing operations, including those previously run by international partners. This has helped the company quickly build capabilities and increase production.

Tata is aiming to build a broader presence in high-tech manufacturing, including semiconductors and advanced electronics. These sectors require large investments, but they are also key to the future of global technology.

The company’s growth in this space has been steady, with rising revenues and improving financial performance as production scales up. The new investment is expected to support this momentum.

Also Read: ₹10,000 cr fund 2.0 to boost India startups

Airtel, Tata told to clear AGR dues

The Indian government has asked Bharti Airtel and Tata Teleservices to clear around ₹10,000 crore in adjusted gross revenue (AGR) dues by March 31, 2026, making it clear that no special relief will be provided.

The Department of Telecommunications (DoT) has rejected requests from both companies seeking concessions similar to those granted to Vodafone Idea. Officials stated that the dues must be paid within the deadline in line with the Supreme Court of India ruling on AGR payments.

If the companies fail to meet the deadline, they could face legal consequences, including possible contempt of court proceedings. The government has emphasized that it is bound to follow the court’s order and cannot make exceptions in this case.

Out of the total dues, Airtel is expected to pay more than ₹5,000 crore, while Tata Teleservices may have to pay over ₹4,000 crore. The final amount could increase further due to accumulated interest.

The AGR issue has been a major challenge for telecom operators in India for several years. It relates to how revenue is calculated for the purpose of paying licence fees and spectrum usage charges to the government. The Supreme Court’s decision had widened the definition of revenue, significantly increasing the dues payable by telecom companies.

While Vodafone Idea recently received relief in the form of extended payment timelines and financial support, the government clarified that the move was specific to that company’s financial situation and does not set a general precedent.

Also Read: India tightens CCTV rules, edges out Chinese firms