US-based Jabil Inc has announced plans to invest Rs 1,000 crore in setting up a new silicon photonics manufacturing unit in Gujarat, marking its second facility in India. This move is expected to boost the semiconductor industry in the region and generate employment opportunities. The investment underscores Jabil’s dedication to advanced manufacturing and optical networking solutions. The expansion project is a significant step towards strengthening India’s position in the global technology market and fostering innovation in the field of semiconductor manufacturing. Jabil’s commitment to establishing a state-of-the-art facility in Gujarat highlights the region’s growing appeal as a hub for high-tech industries. With this investment, Jabil is poised to contribute to India’s economic growth and technological advancement. This strategic decision is in line with India’s vision of becoming a leader in the global semiconductor industry. The new manufacturing unit is expected to leverage Gujarat’s skilled workforce and favorable business environment to drive growth and innovation in the semiconductor sector. Jabil’s substantial investment in Gujarat reflects the company’s confidence in the region’s potential and its commitment to supporting India’s technology ecosystem.