Electronic component supply giant Jabil plans to invest Rs 2,000 crore to set up a manufacturing facility in Trichy, creating around 5,000 jobs in Tamil Nadu, according to a statement from the state government.
The supplier to Apple, Cisco and HP inked an agreement with the state on September 10 in presence of Chief minister MK Stalin in the US.
Confirming the investment proposal, Staling said in a post on X: "Key investments secured for Tamil Nadu’s industrial progress! A significant investment of Rs 2,000 crore at Tiruchirapalli by Jabil, a global leader in EMS. This will create 5000 jobs and create a new cluster for electronics manufacturing."
With this, the state will have all major Apple suppliers - Foxconn , Pegatron, Tata electronics and Jabil. "This will transform Trichy and create a new electronics cluster," said the statement.
The CM further said that Rockwell Automation is expanding its manufacturing plans in the state with a Rs 666-crore investment in Kanchipuram that will add 365 jobs, while an MoU has been signed with Autodesk to "skill youth and boost MSMEs and startups, strengthening our overall industrial ecosystem".
On August 30, the Tamil Nadu government has signed agreements with Nokia, PayPal, Applied Materials, Yield Engineering Systems, Microchip and Infinx. Chief Minister MK Stalin and Industries Minister TRB Rajaa, who are visiting the US, signed the pacts.
"Nokia will set up an R&D centre, one of their largest fixed network test beds in the world, for innovations in 10G, 25G, 50G, and 100G PON, fixed wireless access, and MDU solutions, will be set up at SIPCOT, Siruseri, Chengalpattu, at Rs 450 crore, generating 100 jobs," said a statement from the state industries department.
Additionally, on September 8, CM Stalin invited senior officials of BNY Mellon (The Bank of New York Mellon Corporation) to make new investments in the state.
The CM, who is currently on a tour to the US, on September 7 held a discussion with BNY Mellon on exploring potential AI investment opportunities.
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