Jabil files prospectus for mixed shelf offering
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Jabil Inc. opened a new factory in Pune, increasing its India manufacturing footprint from 500,000 square feet to 1.2 million square feet over the past year. The expansion coincides with a Memorandum of Understanding with the Maharashtra government and grows the regional headcount from 5,000 to almost 11,000 employees. *this image is generated using AI for illustrative purposes only. Jabil Inc. opened a new factory in Pune, expanding its India manufacturing footprint from 500,000 square feet to 1.2 million square feet over the past year. The facility, located in the Maharashtra Industrial Development Corporation (MIDC) industrial zone, increases the company's regional headcount from 5,000 to almost 11,000 employees. This expansion reinforces Jabil's commitment to India as a global manufacturing leader and follows a recent Memorandum of Understanding with the Maharashtra government. The new facility was inaugurated on June 16, 2026, in the presence of key government officials, including Devendra Fadnavis, Chief Minister of Maharashtra, and Ashwini Vaishnaw, Minister for Railways, Information & Broadcasting, and Electronics & Information Technology. The expansion reflects Jabil's confidence in Maharashtra as a strategic location for advanced manufacturing. Andy Priestley, Executive Vice President of Operations at Jabil, stated that the new facility will help bring together...
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