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Jabil (NYSE:JBL) has signed a memorandum of understanding with the Tamil Nadu state government to expand operations in Tiruchirappalli, India, with an investment of ₹2000 crore. The agreement, signed in Chicago, aims to establish Jabil as a key manufacturing hub in India, complementing its existing facility in Pune, Maharashtra. This investment by Jabil will create a new cluster for electronics manufacturing in the district. M. K. Stalin, Chief Minister of Tamil Nadu, highlighted the move as a testament to the state’s talent and infrastructure, reinforcing its position as a leader in advanced electronics and innovation. In a social media post on X, CM Stalin wrote, “Key investments secured for Tamil Nadu’s industrial progress! A significant investment of ₹2000 crores at Tiruchirappalli by Jabil, a global leader in EMS. This will create 5000 jobs and create a new cluster for electronics manufacturing.” In addition to the Jabil announcement, CM Stalin shared news of two other significant investments. Rockwell Automation (ROK) will expand its manufacturing operations in Kanchipuram with a Rs 666 crore investment, creating 365 new jobs. Additionally, a MoU with Autodesk (ADSK) will focus on upskilling youth and supporting micro, small, and medium enterprises, further strengthening Tamil Nadu’s industrial ecosystem.
