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Another Apple agent moved to India: Weichuangna and invested $160 million

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Another Apple agent moved to India: Weichuangna and invested $160 million
Tencent Technologies News Reuters reported that two Indian government officials disclosed that the company will invest US$157 million in the construction of Bangalore, India's science and technology center. According to people familiar with the matter, Weichuang's ICT Service Management Solutions, which assembles the iPhone SE in India, will lease 100 acres of land in and around Bangalore. Apple and Weichuang declined to comment. An official said Wecham executives and Indian business executives met with industry ministers in Karnataka earlier this month and could sign agreements on land leasing in the coming weeks. Government officials in Kanatak have not yet commented. Sources said Wechat is likely to use at least part of its land to build a new Apple product assembly plant. Another source said that Apple might let Weichuang make the 6S in India. Apple is working to cut costs and make products.
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