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Apple supplier Jabil mulls two more units at USD 275-mln outlay

Friday, 25 Oct 2024
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Apple supplier Jabil looks to invest USD 250-275 million (Rs 2,102-Rs 2,312 crore) to build at least two more manufacturing units in India over the next three to four years. The US-based electronics component maker is expand its operations in the country.

Jabil currently has two operational units at the Ranjangaon Maharashtra Industrial Development Corporation Zone in Pune for manufacturing of plastic casings for Apple's AirPods. It will be a mix of assembly and manufacturing units, as there is a growing demand for consumer electronics, home appliances and e-mobility needs, they plan to expand and set up more units.

The company has signed a memorandum of understanding (MoU) with the Tamil Nadu government to set up an electronics manufacturing facility in Tiruchirappalli with an investment of Rs 2,000 crore. Over the last few years, several suppliers from Apple's global ecosystem have opened manufacturing and assembly units in India, while some new Indian companies such as Tata Electronics have entered the fray and built new facilities to assemble and manufacture components for the iPhone maker.

Of all Apple's suppliers, companies including TDK Corporation, Tata Electronics, Sunwoda Electronic Company, Shenzhen YUTO Packaging Technology, Jabil, and Foxconn have manufacturing and assembly facilities in states such as Tamil Nadu, Uttar Pradesh, Haryana, Karnataka, and Maharashtra.

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