Corning to invest Rs 934 cr in manufacturing unit in Telangana

HYDERABAD: US-based specialty glass, ceramics and related materials and technologies provider Corning Inc is making its India debut with Telangana.
The US giant will be setting up a facility to manufacture gorilla glass for smartphones in Telangana at an investment of Rs 934 crore.
The investment will create about 800 jobs in the state, Telangana industries minister KT Rama Rao announced on Friday after he met with Corning’s senior leadership team.
Announcing the mega investment via a social media post, KTR said: “Happy to share that Corning, one of the world’s leaders in material sciences has decided to invest in Telangana to setup a manufacturing plant to make Gorilla Glass for smartphones, for the first time in India.”

“Investment size of Rs 934 crore will employ 800 people but more importantly a strategic investment in manufacturing for smartphones and other electronic devices,” KTR said after meeting Corning Inc’s global operations executive Ravikumar, senior vice president John Bayne and government affairs director Sarah Cartmell.

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