Jabil Inc to invest ₹2,000 crore in electronics manufacturing unit in Tiruchi
The Hindu
Jabil Inc. and Rockwell Automation are set to invest ₹2,666 crore in industrial projects in Tiruchi and Kancheepuram districts of Tamil Nadu. Memoranda of Understanding (MoU) to this effect were signed in the presence of Tamil Nadu Chief Minister M.K. Stalin in Chicago in the United States on Monday (Tuesday morning IST).
Jabil Inc. and Rockwell Automation are set to invest ₹2,666 crore in industrial projects in Tiruchi and Kancheepuram districts of Tamil Nadu. Memoranda of Understanding (MoU) to this effect were signed in the presence of Tamil Nadu Chief Minister M.K. Stalin in Chicago in the United States on Monday (Tuesday morning IST).
Jabil Inc., an American multinational company that supplies electronic components to Apple, Cisco, HP, and Dell, among others, would set up an electronics manufacturing unit in Tiruchi in Tamil Nadu with an investment of ₹2,000 crore. The investment is expected to provide employment for about 5,000 people.
Jabil’s Matt Crowley, Nitu Sinha, and P.J. Farrenkopf were present when the MoU was signed and exchanged, an official release from the Tamil Nadu government said.
American industrial automation company Rockwell Automation would invest ₹666 crore towards expanding its electronics manufacturing unit in Kancheepuram district of Tamil Nadu. Rockwell Automation’s Blake Moret, Robert Buttermore, Ed Moreland, and Muthukumaran Pichai were among those present when the MoU was signed.
The Tamil Nadu government also signed an MoU with Autodesk, which provides software products and services for architecture, engineering, construction, manufacturing, media, education, and entertainment industries.
The MoU with Autodesk is aimed at enhancing the skills of Tamil Nadu’s youth and improve the competitiveness of MSMEs and startups in the industrial ecosystem. Autodesk’s Jeff Kinder and Ken Foo were present during the signing of the MoU.
Minister for Industries, Investment Promotion, and Commerce T.R.B. Rajaa and senior officials were also present.
Student representatives from the 14 districts assumed the roles of the Prime Minister, Speaker, Ministers, and other parliamentary members
Shorts News:Election Commission revises UP SIR timeline amid staff workload concerns
Hyundai Motor India launches 'Prime Taxi' range, offering reliable and cost-effective vehicles for fleet operators and taxi drivers.
Four abandoned leopard cubs rescued in Bengaluru by PfA Wildlife Hospital, with plans for monitored reunification with their mother.
Explore Khaleda Zia's pivotal role in shaping India-Bangladesh relations through decades of political interactions and diplomatic engagements.
Udupi MLA Yashpal Suvarna reports phone hacking incident, with scammers soliciting money from his contacts via WhatsApp.
A Belgian Malinois puppy named 'Rudra' joins Vellore's Detective Dog Squad for narcotics detection training.
Tirumala celebrates Vaikuntha Ekadasi with the opening of Vaikuntha Dwaram, offering spiritual fulfillment and devotion to pilgrims.
Kashmir bans VPN usage in four districts for security reasons, citing concerns over potential unlawful activities and public safety.
T.N. Deputy CM Udhayanidhi Stalin inaugurates a ₹9.67-crore international hockey ground in Coimbatore, enhancing local sports infrastructure.
Telangana announces IAS officer transfers, with G. Srijana appointed as GHMC Additional Commissioner following administrative reorganization.
Delhi faces severe air pollution as CM announces road construction to reduce dust emissions and improve air quality.
Tiruchi faces ongoing infrastructure challenges despite recent developments, with many key projects still awaiting execution and community concerns unresolved.