Tata in talks to buy Wistron’s India facility for up to $613 million: Report

Tata Group is in talks to buy Wistron Corp’s only manufacturing facility in India for up to 50 billion rupees ($612.6 million), the Economic Times business daily reported Wednesday, citing people familiar with the discussions.

If it fails to strike a deal to buy the facility in the southern Indian state of Karnataka, Tata could consider a joint venture with Taiwan’s Wistron – one of Apple Inc’s top vendors in India – the report said, citing sources close to Tata.