Company/Division name | Sterlite Technologies |
Type of work | Manufacturing |
Reshoring category: | Foreign Direct Investment |
Total number of jobs (added or to be added): | 150 |
Year reshoring announced: | 2023 |
Domestically, the work will be done: | In-house |
Capital investment ($): | 56 |
Country(ies) from which reshored: | India |
City reshored to: | Lugoff |
State(s) reshored to: | SC |
If relevant, work nearshored to: | - |
Industry(ies): | Electrical Equipment, Appliances & Components |
Product(s) reshored | telecommunication wires |
What domestic positive factors made reshoring more attractive? | Govt. Policy and subsidies |