Apple is in advanced discussions with
Murugappa Group and Tata group’s Titan Company to assemble — and, possibly, manufacture — sub-components for iPhone camera modules, people aware of the matter told ET. In 2022, Murugappa Group acquired 76% stake in Noida-based camera module maker Moshine Electronics to diversify its business in the electronics and components space.
Apple explores partnerships with Murugappa Group & Titan Company for local assembly of camera module sub-components in India, aiming to shift operations from China and strengthen the Indian supplier ecosystem.
economictimes.indiatimes.com
ET reported in December last year that Apple was in talks with component makers such as India’s Aequs Group and Taiwanese camera and lens maker Rayprus Technologies, and in preliminary discussions with Indian contract manufacturer Dixon Technologies.
Rayprus is among the leading companies globally which make multi-camera modules for smartphones and is one of the few suppliers of the technology not based in China, according to experts.
After gorilla glass maker Corning announced that it would set up a manufacturing facility in Tamil Nadu, another
Apple supplier,
Rayprus Technologies, is set to make its manufacturing foray in India. The
Foxconn subsidiary that makes high-quality precision camera and lens solutions is looking to set up its facility within the sprawling new Foxconn campus coming up in Bengaluru, people aware of the developments told ET.
"Rayprus is coming to the Foxconn park near the airport (in Bengaluru)," one person cited above said. "Right now, they're in advanced talks with Foxconn to set up in the new facility."
