ENA Sectors 2024-09-10 16:21:46 <p><span style="font-size:14px"><strong>Chennai, Sep 10 (KNN)</strong> Tamil Nadu Chief Minister MK Stalin announced on Tuesday that Jabil, a supplier to Apple Inc., will invest Rs 2,000 crore to set up an electronics manufacturing facility in Trichy, Tamil Nadu.</span></p> <p><span style="font-size:14px">This development is expected to create approximately 5,000 jobs and establish a new electronics manufacturing cluster in the region.</span></p> <p><span style="font-size:14px">The announcement came as part of three key investment initiatives secured by the state government. </span></p> <p><span style="font-size:14px">A Memorandum of Understanding (MoU) was reportedly exchanged between Jabil representatives and the Tamil Nadu state delegation in the presence of CM Stalin, who is currently on a 17-day investment-seeking trip to the United States.</span></p> <p><span style="font-size:14px">With Jabil's entry, Tamil Nadu further solidifies its position as a hub for major Apple suppliers, joining the ranks of Foxconn, Pegatron, Tata Electronics, and Corning. </span></p> <p><span style="font-size:14px">Jabil, which also supplies to other technology giants such as Cisco and HP, is set to become one of the first significant investors in Trichy's budding electronics sector.</span></p> <p><span style="font-size:14px"><em><strong>(KNN Bureau)</strong></em></span></p> 39223 https://knnindia.co.in/news/newsdetails/sectors/jabil-to-invest-rs-2000-crore-in-tamil-nadu-electronics-facility 2024-09-10 16:21:46 knnindia.co.in