American multinational expertise firm Corning Inc. has chosen Telangana to arrange their Gorilla Glass manufacturing facility, a first-of-its-kind funding in India, the state authorities mentioned on Friday. The proposed manufacturing facility will manufacture cowl glass for market leaders within the smartphone business. The proposed funding of Rs 934 crore by Corning, together with their companions, can be a strategic funding and can play a pivotal position in driving the smartphone manufacturing ecosystem in Telangana and in India.
The proposed facility in Telangana is predicted to generate employment for over 800 folks, mentioned a press release from the workplace of Telangana Info Expertise, Electronics and Industries Minister Okay.T. Rama Rao. At the moment, on a go to to the US, Rama Rao met John Bayne, Senior Vice President, Ravi Kumar, International Operations Government, and Sarah Cartmell, Director of Authorities Affairs from Corning Inc. in New York. The minister mentioned that Telangana is quick rising as a hub for electronics manufacturing on account of the initiatives undertaken by the state within the final 9 years.
“A number of electronics manufacturing firms are more and more selecting Hyderabad as their vacation spot. Foxconn made a major funding within the State earlier this yr, and now Corning’s funding in Telangana will propel a brand new period of smartphone manufacturing in Telangana and in India,” he mentioned.
Headquartered in New York, Corning Inc. is a Fortune 500 supplies science firm with experience in glass science, ceramics science, and optical physics. With over 172 years of historical past, Corning has been on the forefront of improvements and is the inventor of Gorilla Glass, a strengthened glass that’s broadly utilized in moveable units equivalent to cellphones, tablets, and laptops. Over the previous few years, Corning has developed completely different scratch-resistant and shatter-proof glasses, which a big portion of smartphone makers use. Its newest Gorilla Glass Victus 2 is out there on Android flagship smartphones.
— Written with inputs from IANS
