Hyderabad: US-based Corning Inc. to set up India’s First Gorilla Glass Manufacturing Facility in Telangana and it is first of its kind investment in India.
The proposed manufacturing facility will manufacture cover glass for market leaders in the smartphone industry.
The proposed investment of INR 934 Crores by Corning along with their partners will be a strategic investment and will play a pivotal role in driving the smartphone manufacturing ecosystem in Telangana and in India, a release said here on Friday.
The proposed facility in Telangana is expected to generate employment for over 800 people.
Forefront of innovations and are the inventors of Gorilla Glass, Headquartered in New York, Corning Inc. is a Fortune 500 materials science company with expertise in glass science, ceramics science, and optical physics.
Telangana Minister for ITE&C and Industries, K T Rama Rao (KTR) met with John Bayne, Senior Vice President, Ravi Kumar, Global Operations Executive, and Sarah Cartmell, Director Government Affairs from Corning Inc. in New York.
On the occasion, KTR said, “Telangana is fast emerging as a hub for electronics manufacturing as a result of the initiatives undertaken by the State in the last 9 years. Several electronics manufacturing companies are increasingly choosing Hyderabad as their destination. Foxconn made a significant investment in the State earlier this year, and now Corning’s investment in Telangana will propel a new era of smartphone manufacturing in Telangana and in India.”
Principal Secretary (IT and Industries) Jayesh Ranjan, Special Secretary for Investment Promotion & NRI Affairs Vishnu Vardhan Reddy, and Director Electronics Sujai Karampuri were also present during the meeting.
UNI
Corning Inc to set up India’s First Gorilla Glass Manufacturing Facility in Telangana with Rs 934 cr investment is added by Agencies on View all posts by Agencies →
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