Major supplier of electronic components to Apple, Jabil plans an investment of Rs 2,000 crore to build a factory in Trichy, aiming to generate about 5,000 employment opportunities in Tamil Nadu.

Jabil is a supplier to Apple, Cisco and HP, which sealed the deal on September 10 in the US in the presence of Chief Minister MK Stalin.

The CM made public of the confirmation of the investment proposal with a post on X stating, "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."

The deal promises to bring in all the major Apple suppliers namely Foxconn , Pegatron, Tata electronics and Jabil in the state.

This is believed to transform Trichy and enable a new electronics cluster.

The CM additionally announced the signing of agreement between Autodesk and Rockwell Automation to skill youth and boost MSMEs and startups, while strengthening the state’s overall industrial ecosystem. Rockwell Automation is also expanding its manufacturing plans in the state with a Rs 666-crore investment in Kanchipuram that will add 365 jobs.

Earlier, the Tamil Nadu government signed agreements with Microchip, Infinx, Applied Materials, Yield Engineering Systems, PayPal, and Nokia by Chief Minister MK Stalin and Industries Minister TRB Rajaa in the US.

With the PayPal Memorandum of Understanding, the government aims to establish an AI-focused Advanced Development Center in Chennai to create 1,000 vocational opportunities.

The MoU with Applied Materials is expected to build an Advanced AI-Enabled Technology Development Centre in Taramani, Chennai. Additionally, there is said to be a production of 500 jobs through semiconductor fabrication and equipment.

Yield Engineering Systems’ MoU plans a Rs 150 crore semiconductor equipment production and product development facility in Sulur, Coimbatore to employ 300 people.

Agreement with Microchip is believed to fund Rs 250 crore to help set up R&D center for semiconductor technology in Semmencherry, Chennai, creating 1,500 employment.

Infinx’s deal will construct a technology and global delivery center at ELCOT Vadapalanji in Madurai for Rs 50 crore, which will create 700 jobs.

On the other hand, CM Stalin sent an invitation to top BNY Mellon (The Bank of New York Mellon Corporation) executives to increase state investments on September 8.

Currently, the CM is on a US trip seeking to get AI investment opportunities with BNY Mellon.