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U.S. MNC to set up its unit at Manapparai SIPCOT industrial park

U.S. multinational company Jabil Inc. is setting up a new manufacturing facility at the SIPCOT industrial park in Manapparai, Tamil Nadu. The company, which supplies components to tech giants like Apple, Cisco, HP, and Dell, will invest ₹2,000 crore in the facility and has the potential to employ up to 5,000 people. This development is significant as it showcases India's growing attractiveness as a manufacturing destination for global companies, which is an important topic for competitive exams.