India’s first Gorilla Glass manufacturing facility will be set up in Telangana by leading American technology company Corning Inc. The New York-based company has chosen Telangana as the location for India’s first Gorilla Glass Manufacturing Facility.
Telangana in News
Hyderabad, Telangana, is one step closer to becoming a true electronics manufacturing hub, with Corning Inc., a leading American technology company, choosing the state to build its first Gorilla Glass manufacturing facility in India.
Cost of the Facility
The facility is expected to cost ₹934 crore (US$120 million) and create over 800 jobs. It will be located in the city of Hyderabad, Telangana’s capital.
The proposed investment of Rs 934 crore by Corning, in collaboration with their partners, represents a strategic move that will significantly boost the smartphone manufacturing ecosystem in Telangana and across India.
What is Gorilla Glass?
Gorilla Glass is a type of strengthened glass that is used in smartphones, tablets, and other portable devices. It is known for its durability and scratch resistance.
Corning’s Investment: A Game-Changer for India’s Smartphone Manufacturing
The decision by Corning to build its first Gorilla Glass manufacturing facility in India is a significant boost for the country’s smartphone manufacturing industry.
It also reflects the growing importance of India as a global manufacturing hub.
The project is expected to create a significant economic impact in Telangana. It is estimated to generate ₹1,500 crore (US$200 million) in revenue and create over 5,000 indirect jobs.
The decision by Corning to invest in India is a vote of confidence in the country’s manufacturing capabilities. It is also a sign of the growing importance of the Indian smartphone market.
This state-of-the-art facility in Telangana will specialize in producing cover glass for leading players in the smartphone industry.
About Corning Inc.
Corning Inc., headquartered in New York, is a distinguished Fortune 500 materials science company renowned for its expertise in glass science, ceramics science, and optical physics.
With a history spanning 172 years, Corning has consistently led the way in innovations and is credited with inventing Gorilla Glass, a highly durable glass used extensively in mobile phones, tablets, and laptops.
Minister Rama Rao’s Visit to the United States: Paving the Way for Electronics Manufacturing in Telangana
While visiting the United States, the Information Technology, Electronics, and Industries Minister, of Telangana K.T. Rama Rao held discussions with key representatives from Corning Inc., including John Bayne, Senior Vice President, Ravi Kumar, Global Operations Executive, and Sarah Cartmell, Director of Government Affairs, in New York.
The minister emphasized Telangana’s rapid emergence as an electronics manufacturing hub, attributing this success to the state’s comprehensive initiatives over the past nine years.
He highlighted that many electronics manufacturing companies have chosen Hyderabad as their preferred destination, citing Foxconn’s substantial investment earlier this year.
The recent partnership with Corning marks another significant milestone, ushering in a new era of smartphone manufacturing in Telangana and India.
The forthcoming Telangana facility is expected to create job opportunities for more than 800 individuals, as stated by the Minister, K.T. Rama Rao.
Summary: All Key Points
☛ India’s 1st Gorilla Glass Manufacturing Facility come up in Telangana
☛ The Manufacturing Facility will be set up by the leading American technology company, Corning Inc.
☛ The facility is expected to be operational in 2025.
☛ It will be built on a 100-acre site in Hyderabad.
☛ Corning will partner with Optiemus Infracom Ltd., an Indian electronics company, to operate the facility.
☛ It is estimated to generate ₹1,500 crore (US$200 million) in revenue and create over 5,000 indirect jobs.