Corning invests Rs.934 crores in Telangana

-Galla S Kiran Kumar,Bureau Chief Telagana (Andhra Pradesh)

Corning, a well-known American glass and ceramic equipment manufacturing company, has come forward to set up a Gorilla Glass manufacturing industry for smart phones and other electronic devices in Telangana at a cost of Rs.934 crores.

The company to set up Gorilla Glass manufacturing industry
will employ 800 people

 

Today, Hyderabad: America’s famous glass and ceramics equipment manufacturer Corning has come forward to set up a Gorilla Glass manufacturing plant for smart phones and other electronic devices at a cost of Rs.934 crore in Telangana. This will provide employment to 800 people. John Bain, Senior Vice President of Corning Company, Ravi Kumar Khatre, Managing Director of Global Operations of the company, Sara Cartmell, Director of Government Affairs, met the Minister of State for Industries and IT Department KTR, who is on a visit to America, on Friday in New York. On this occasion, John explained their investment plan in Telangana. He said that his company, which has a history of 172 years, has chosen Telangana to set up the first Gorilla Glass manufacturing industry in India. Not only internationally but also in India, many cities have been examined. He explained that taking into account the state government’s initiative and incentives for investment in allied manufacturing industries, we have come forward to set up an industry here. John said that the praise of the government and Minister KTR by the world famous company Foxconn for setting up their manufacturing center on a large scale attracted them. He stated that soon their delegation will come to Telangana and identify a suitable place.. They will soon lay the foundation stone for the industry and start it within a year.


Minister KTR Harsham

Minister KTR expressed happiness over the decision of the Corning organization . John Bain and other delegates were thanked. He said that Telangana is giving special priority to the electronics sector and the sector has made significant progress in the state for nine years. He said that industries from 41 countries have started their operations in the state, especially Hyderabad as the center of many electronics manufacturing companies. Industries of another 20 countries will be set up soon, he said. It is explained that job opportunities will be available on a large scale. The minister promised to provide all kinds of assistance to the Corning company. He said that there is plenty of land suitable for industry in the state. State IT and Industries Department Principal Secretary Jayesranjan, Special Secretary Vishnuvardhan Reddy and Director of Electronics Department Sujay Karampuri participated in this meeting.