Jabil Circuit India Pvt Ltd., a subsidiary of Jabil Inc. and a key Apple manufacturing partner, secured a 10-year lease.
The lease covers a 413,287-square-foot industrial warehouse.
The facility is located in Ranjangaon MIDC, near Pune, India.
The agreement commenced on January 12, 2026, signaling a significant expansion of the company's operational capabilities.
Jabil manufactures casings for Apple's AirPods.
The expansion supports the growing "China Plus One" strategy used by global technology giants to diversify supply chains.
This move aligns with Apple's initiative to bolster its Indian manufacturing base and reduce reliance on China.
The long-term nature of the lease demonstrates commitment to India's industrial infrastructure.