Jabil to Invest ₹2,000 Cr in India for Silicon Photonics Plant

As an opportunity for the Indian electronics manufacturing industry, global manufacturing major Jabil is almost completing its high-end plant at Sanand, Gujarat. Minister of Electronics and IT Ashwini Vaishnaw has said the plant would produce silicon photonics and other high-value electronics components, the first step towards building India into a global electronics leader.

This development is crucial as India seeks to deepen its foothold in the global semiconductor and electronics value chain. "Jabil is investing more than ₹2,000 crore in manufacturing Silicon Photonics and Electronic Manufacturing Services in India," Vaishnaw posted on X, adding, "Plant at Sanand is almost completed."

Jabil is an industry-leading service provider with more than 140,000 employees based out of 100 facilities in 25+ countries, operating on behalf of 300 of the biggest brands in the world in industries, including healthcare, packaging, smartphones, cloud infrastructure, automotive, and home appliances, in addition to others.

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In the meantime, the Telecom Production-Linked Incentive (PLI) Scheme, which is organized by the Centre, has given out 1,162 crores up until March 31, the Department of Telecommunications data indicated. Out of the 42 companies that have gotten the nod, 21 have already gotten incentives. Jabil has become the greatest beneficiary by reaping 235.87 crore in the two-year period.

The other major beneficiaries are Flextronics (165.12 crore), Nokia (157.32 crore), Foxconn Rising Stars (80.33 crore) and Syrma SGS (53.23 crore). Analysts urge telecom operators to be more aligned with the governmental agenda, especially through expanded acquisition of telecom equipment that has a high local content of value-addition. This is a significant step towards achieving the Indian dream of self-sustainability and job creation.