Apple Supplier Jabil Plans Trichy Electronics Manufacturing Worth INR 2,000 Crore

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Nitin Konde, Apoorva Bajj

Sep 11, 2024 — 2 min read

Apple Supplier Jabil Plans Trichy Electronics Manufacturing Worth INR 2,000 Crore

A statement from the state government of Tamil Nadu stated that the electronic component supply company Jabil intends to invest INR 2,000 crore to establish a manufacturing plant in Trichy, resulting in the creation of around 5,000 employment opportunities in the state.

On September 10, in the United States, the supplier to Apple, Cisco, and HP signed a contract with the state, with Chief Minister MK Stalin in attendance. Stalin posted on X, confirming the investment request and stating that important investments had been acquired for the industrial prosperity of Tamil Nadu! Jabil, a world-renowned EMS provider, has made a massive investment of INR 2,000 crore in Tiruchirapalli. A new cluster for electronics manufacturing will be formed, and 5,000 employment opportunities will be created as a result of this.

Tamil Nadu Has Become Apple Suppliers’ Hub

All of the key Apple suppliers, including Foxconn, Pegatron, Tata Electronics, and Jabil, will be located within the state as a result of this. The announcement stated that this would result in the transformation of Trichy and the creation of a new electronics hub.

Additionally, the Chief Minister stated that Rockwell Automation is expanding its manufacturing plans in the state by investing INR 666 crore in Kanchipuram, which will create 365 new jobs. A memorandum of understanding has been signed with Autodesk to "skill youth and boost MSMEs and startups, strengthening our overall industrial ecosystem."

Following the signing of deals with Nokia, PayPal, Applied Materials, Yield Engineering Systems, Microchip, and Infinx on August 30, the government of Tamil Nadu has now inked agreements with these companies. The agreements were signed by Chief Minister MK Stalin and Industries Minister TRB Rajaa, both of whom are currently in the United States.

CM Encouraging Investors to Invest More

An R&D center for Nokia, which will be one of their largest fixed network test beds in the world, will be established at SIPCOT in Siruseri, Chengalpattu, for INR 450 crore. The center will be used for the development of innovations in 10G, 25G, 50G, and 100G PON, as well as fixed wireless access and MDU solutions. The institution will also generate 100 jobs, according to a statement released by the state industries department.

Furthermore, CM Stalin on September 8th extended an invitation to senior officials of BNY Mellon Corporation (The Bank of New York Mellon Corporation) to make fresh investments in the state.

A conversation about the exploration of new investment prospects in artificial intelligence was held on September 7 with BNY Mellon by the CM, who is presently on a tour of the United States.