Tata to set up second iPhone factory to hasten Apple’s India expansion: Report

Conglomerate Tata Group plans to build one of India’s biggest iPhone asTata wants to construct the factory in Hosursembly plants, tapping Apple Inc.’s ambitions to increase manufacturing in the South Asian country.

Tata wants to construct the factory in Hosur in the southern Tamil Nadu state, according to people with knowledge of the matter. The facility will likely have about 20 assembly lines and employ 50,000 workers within two years, according to the people, who declined to be named discussing unannounced plans. The goal is for the site to be operational in 12 to 18 months.