According to Bloomberg, India’s Tata Group is nearing an agreement to purchase Apple Inc. supplier Wistron Corp’s facility in August. This will be the first time a local firm will be involved in iPhone assembly.

Earlier, reported on Tata Group’s proposed takeover of the Wistron Corp. facility in southern Karnataka state, which might be worth more than $600 million.

According to Bloomberg, the Wistron factory employs over 10,000 people who assemble the current iPhone 14 model. It further stated that Wistron has pledged to shipping at least $1.8 billion in iPhones from the manufacturing in the fiscal year through March 2024 in order to get state-backed financial incentives.

Tata is set to honor those commitments as Wistron exits the iPhone business in India.