US electronics manufacturing company Jabil has plans to establish a silicon photonics manufacturing factory in Gujarat with an investment of around USD 125 million.    

While speaking at the IESA Vision Summit, Jabil Executive Vice President, Global Business Unit, Matt Crowley said that the company has decades of experience in silicon photonics products.    

"As we look to the future, we are very excited to announce that we have plans to open a new factory in Gujarat. We are very excited to announce MoU specific to Silicon Photonics manufacturing in the state of Gujarat today," Crowley said.    

The plant will be operational in this calendar year. The company at the event signed a memorandum of understanding (MoU) with the Gujarat government for setting up the plant.     

Crowley said Jabil's India operation started in 2003 and the company now employs over 75,000 people in India.   

"We believe photonics holds immense opportunity in advanced industries like autonomous vehicles, treatment as well as 5G network and artificial intelligence applications," he said.