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Home Manufacturing

Manufacturing: Jabil expands in India, signs MoU with Gujarat Govt

Fiinews by Fiinews
November 14, 2024
in Manufacturing
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CM Patel to work with Jabil for long-term growth

Florida-based Jabil (NYSE: JBL) is committed to expanding in India to meet and grow with the future needs of customers in the Intelligent Infrastructure segment, such as cloud, compute, storage, networking, telecommunications, semiconductor capital equipment and data centres amongst other end-markets.

“The planned expansion also opens up opportunities for Jabil’s customers in the automotive and transportation industry to consider manufacturing in India,” said Fred McCoy, Executive Vice President, Operations at Jabil.

He underlined the commitment to the Indian market at the signing of a Memorandum of Understanding (MoU) with the Gujarat state government.

The agreement follows an MoU signed with the Tamil Nadu state in September 2024. The two MoUs reflect Jabil’s intentions to explore long-term goals, opportunities and support with both states, he said.

In recent months, the Intelligent Infrastructure segment has made investments to drive further innovation and support the increasing demands of next-wave cloud and AI data centre growth, he elaborated.

These include silicon photonics-based products and capabilities, liquid cooling solutions for thermal management, and an expanded server portfolio purpose-built for scalability, McCoy said on 14 Nov, announcing the MoU.

“Beyond attracting foreign direct investments and job creation, this MoU reflects our shared ambitions to pursue sustainable growth and create long-term value. We are excited at this opportunity to work with Jabil to explore new avenues for long-term growth together,” said Gujarat Chief Minister Bhupendra Patel after attending the MoU signing in Gandhinagar.

In addition to being recognized globally as an employer of choice across a wide variety of career areas, Jabil was recently recognized as one of America’s Greenest Companies for 2025 by Newsweek.

At Jabil, sustainability is defined as the integration of environmental health, social equity, governance and economic growth to create thriving, healthy, diverse and resilient business operations for employees and the communities in which the company operates.

With over 50 years of experience across industries and a vast network of over 100 sites worldwide, Jabil combines global reach with local expertise to deliver both scalable and customized solutions. Fiinews.com

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