Corning which is a market leader in global high-tech glass manufacturing is positive about its business growth in India and considers India as one of the leading markets for the growth of its business significantly in the mobile consumer electronics and life sciences sectors according to senior company officials. While its automotive and optical fiber businesses currently contribute the most revenue in the country, Corning is poised to expand into new areas.
The company, known for providing glass covers for Thomas Edison’s light bulbs, has since diversified into multiple verticals, including electronic displays, semiconductor manufacturing, and glass-based packaging for laboratories and vaccines.
Gokhan Doran, vice president and general manager of Corning International quoted “We have been waiting for the Indian ecosystem to develop, and now that international companies are beginning to manufacture smartphones, we can’t wait to join the supply chain. We want to support India’s economic narrative as it emerges as a rising star.”
Corning has committed over ₹1,000 crore in a joint venture with Optiemus Infracom, Bharat Innovative Glass (BIG) Technologies, in Tamil Nadu to produce cover glass for mobile electronics. Additionally, it is investing ₹500 crore to establish a borosilicate glass unit in Hyderabad for producing vials and tubes for the life sciences sector.
Further Information which was provided by Sudhir N. Pillai, Managing Director and President of Corning India, Middle East, and Africa revealed that the Hyderabad plant is expected to start operations in the 1st half of 2025 while BIG Technologies will commence operations in 2nd half.
The new units will generate employment for 1,600 people with 500-1,000 positions at the Gorilla Glass finishing plant and around 500 at the Velocity Vial facility.
A Global Capability Centre (GCC) in Pune was also launched which will generate employment for 100 people once it becomes operational next year. The company expects huge growth in India’s mobile consumer electronics and life sciences sector supplementing its prevailing strengths in automotive and optical fiber.
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