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, India.com 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.