Multiple Memorandum of Understandings (MoUs) were signed in the Gujarat semi-connect Conference, in the presence of Gujarat Chief Minister Bhupendra Patel on Wednesday.

An MoU was signed with JABIL India company for establishing new Silicon Photonics Manufacturing Unit in Gujarat with an investment of Rs 1000 crore, according to a press release.

This unit will focus on manufacturing photonics transceivers, which are essential data communication devices used in Artificial Intelligence (AI), Telecom, the Internet of Things (IoT), and smart-infrastructure. The investment is expected to generate approximately 1500 new employment opportunities.