Fri. Oct 11th, 2024

Electronic components maker Jabil (JBL.N), opens new tab will set up a manufacturing plant in India’s southern state of Tamil Nadu with an investment of about 20 billion rupees ($238.2 million), the state’s industries minister said on Tuesday.
U.S.-based Jabil, a supplier to Apple (AAPL.O), opens new tab, will base its plant near the city of Trichy as part of an agreement signed in Chicago that will create close to 5,000 jobs, Tamil Nadu Minister T R B Rajaa said on social media site X, opens new tab.

“India is emerging as a key manufacturing hub,” said, opens new tab Matt Crowley, executive vice president for global business units at Jabil.
“Our expansion in India will enable Jabil to meet and grow with the future needs of our customers and complement our existing facility in Pune,” he added, referring to the Western Indian city.
Tamil Nadu has also signed an agreement with Rockwell Automation (ROK.N), opens new tab worth 6.66 billion rupees to expand the automation products maker’s manufacturing in the Indian state, and another agreement of undisclosed value with Autodesk (ADSK.O), opens new tab, Chief Minister M K Stalin said, opens new tab.

Rockwell and Autodesk did not immediately respond to requests for comment.

By Joy

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