Apple Supplier Jabil to Establish Rs 2,000-Crore Manufacturing Plant in Tamil Nadu
Tuesday, 10 September 2024, 03:39
Strategic Expansion in India
Apple supplier Jabil is set to invest Rs 2,000 crore in a new manufacturing facility located in Trichy, Tamil Nadu. This venture aims to bolster the tech landscape in the region while significantly contributing to local employment.
Job Creation and Economic Impact
- The new plant is expected to generate approximately 5,000 jobs.
- Chief Minister MK Stalin emphasized the importance of this investment during his recent visit to the US.
- Agreements signed during this visit showcase the growing partnership between Jabil and Indian manufacturing.
Significance in the Tech Industry
This investment not only fortifies Jabil's role as a key player in Apple's supply chain but also reflects a broader trend of tech giants expanding their manufacturing capabilities in India.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.