Apple supplier Jabil to set up South India plant with $238 mln investment

Rockwell Automation

10/09/2024 06:14

NEW DELHI, Sept 10 (Reuters) - Electronic components
maker Jabil  JBL.N  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 , 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. 
    "India is emerging as a key manufacturing hub," said 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  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 , Chief Minister M K Stalin said.
    Rockwell and Autodesk did not immediately respond to
requests for comment.
    

($1 = 83.9640 Indian rupees)

 (Reporting by Pushkala Aripaka; Editing by Jamie Freed)
 ((Pushkala.A@thomsonreuters.com; X and LinkedIn:
@pullthekart;))