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Labrish
Nyuuz
Top PLI beneficiary Jabil set to open new Gujarat plant
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[QUOTE="Munyaradzi Mafaro, post: 54844, member: 636"] Electronics Minister Ashwini Vaishnaw announced that Jabil's manufacturing facility in Sanand, Gujarat, nears completion. The global company plans to produce silicon photonics and electronic components through this Rs 2,000 crore investment. Jabil operates across 100 locations worldwide with more than 140,000 workers serving 300 major brands. The facility will support India's push toward domestic electronics manufacturing capabilities. This development represents a significant milestone for the country's technology sector growth. Government data reveals Rs 1,162 crore distributed under the Telecom Production-Linked Incentive program through March 31. Twenty-one manufacturers among 42 selected companies have received payments since the scheme's April 2021 launch. The program allocated Rs 4,115 crore to generate Rs 2.45 lakh crore in sales and create 44,000 jobs before its conclusion this year. Jabil leads beneficiaries with Rs 235.87 crore received over two years, followed by Flextronics and Nokia. Experts emphasize the need for greater cooperation between telecom operators and government objectives to achieve self-reliance goals. [/QUOTE]
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Top PLI beneficiary Jabil set to open new Gujarat plant
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