Wistron to invest Rs 30 billion for second iPhone unit in Bengaluru

Welcoming the move, state chief minister H D Kumaraswamy asked the company to submit a proposal for acquiring the land

Taiwanese contract manufacturer Wistron is looking to invest Rs 30 billion to setup a second integrated smartphone manufacturing unit for Apple's iPhones on the outskirts of Bengaluru.

The plant, for which the company is looking to acquire 43 acres of land in Narasapura, around 50 kilometers east of Bengaluru, will employ around 10,500 people, according to a statement issued by the Karnataka Chief Minister's office on Tuesday.

Unlike Wistron's first plant located in the Peenya industrial layout in Bengaluru, which Apple uses to manufacture its low-cost iPhone SE and 6S models, the new unit will manufacture a wider range of Apple's devices,