The world’s biggest bet on India
What Tata’s $90bn pivot to its home market says about the planet’s fifth-biggest economy
If you want to glimpse the frontier of Indian capitalism, take a trip to Tamil Nadu in the south of the country. New factories with solar panels on their roofs lie on a vast 550-acre (220-hectare) site. Inside, it is reported, Tata is making components for the latest iPhones on behalf of Apple—and in the process finally connecting India to the world’s most sophisticated supply chain, which used to be anchored to China.
This article appeared in the Business section of the print edition under the headline “The world’s biggest bet on India”
From the September 17th 2022 edition
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