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Tata Electronics to partially resume work at fire-hit iPhone component plant in Hosur

'Working towards resuming full operations, all team members will continue to receive full pay,' a company spokesperson said

October 03, 2024 / 10:57 IST
Tata Electronics to partially resume work at fire-hit iPhone component plant in Hosur

Tata Electronics said on Thursday that it will restart some of its operations at the fire-hit plant in Tamil Nadu, which makes Apple iPhone components.

"We have been working diligently since Saturday...to identify the cause of the fire at our Hosur facility," a company spokesperson said.

"Working towards resuming full operations, all team members will continue to receive full pay," the spokesperson said.

Extensive damage from a fire at Tata Group's Apple AAPL.O iPhone component plant in southern India could hamper production ahead of a festive season sales surge, an industry watcher and a source said, forcing the U.S. firm's suppliers to arrange critical parts from China or elsewhere.

The weekend blaze has caused an indefinite production halt at Tata's Hosur plant in Tamil Nadu, the only Indian supplier of iPhone back panels and some other parts for both contract manufacturer Foxconn in the country and its own iPhone assembly at another plant.

Hong Kong-based Counterpoint Research told Reuters it estimates local sales of 1.5 million units of iPhone 14 and 15 models during the Indian festive season which runs from late October to early November, with Apple struggling to fulfil as much as 15% of that demand due to the fire.

 

Reuters
first published: Oct 3, 2024 10:52 am

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