Jabil, a global electronics contract manufacturer and key Apple supplier, will invest Rs 2,000 crore to establish a new electronics manufacturing facility in Tiruchirapalli, Tamil Nadu. This investment is expected to generate around 5,000 jobs in the region.
An MoU was signed between a Tamil Nadu government delegation, led by chief minister MK Stalin, and Jabil in the presence of Matt Crowley, Jabil’s executive vice president, along with other senior company officials.
Jabil provides electronics manufacturing services to major global companies, including Apple, Cisco, HP, and Dell, and operates facilities in countries such as China, India, Malaysia, Mexico, Singapore, and the USA.
Tamil Nadu already hosts key Apple suppliers like Foxconn, Pegatron, Tata Electronics, and Salcomp, the world’s largest smartphone charger manufacturer. Jabil’s new facility will further bolster Apple’s supplier ecosystem in the state.
Earlier this year, Jabil began producing AirPod components—specifically plastic bodies—for Apple in India and currently operates an 858,000 sq ft facility in Pune.
In addition to Jabil’s investment, the Tamil Nadu government also signed an MoU with Rockwell Automation to expand its electronics manufacturing unit in Kanchipuram with a Rs 666 crore investment. Another MoU was signed with Autodesk to enhance youth skills and improve the competitiveness of MSMEs and startups within the state’s industrial ecosystem.
Stalin is currently on an official visit to the US to attract investments for Tamil Nadu. According to a state government release, during his trip, MoUs for projects worth Rs 4,350 crore have been signed with 14 global companies in San Francisco and Chicago.
From: financialexpress
Financial News