Corning Incorporation is in Chennai India soon

JStreetS Ranger

2023-10-28 12:39

Hello Questers,Corning Inc, the global leader in smartphone cover glass production, is set to commence manufacturing this product in India by the close of 2024.

Figure 1, view larger image


This manufacturing endeavor will be undertaken in collaboration with Noida-based contract manufacturer Optiemus Infracom Ltd, and the joint venture will be named Bharat Innovation Glass Technologies.


The world's largest manufacturer of smartphone cover glass, Corning Inc, is set to initiate the production of this product in India by the conclusion of 2024, in collaboration with Noida-based contract manufacturer Optiemus Infracom Ltd.


The joint venture will be known as Bharat Innovation Glass Technologies. 


John Bayne, senior vice president and general manager of mobile consumer electronics at Corning Inc, mentioned that this marks the first instance of cover glass being manufactured in India, catering to both local and international Original Equipment Manufacturers (OEMs) assembling their devices within the country.


This move aligns with the government's "Make in India" initiative, as the technology is adaptable and can accommodate increased production. The decision to manufacture in India is driven by Corning Inc's strategy to diversify its supply chains and reduce its reliance on manufacturing in China.


The COVID-19 pandemic highlighted the world's excessive dependence on certain regions, prompting a need for increased diversity as a safeguard against crises like the pandemic, natural disasters, or disruptions caused by individual countries.

This has led to a growing trend of diversification across various Asian countries to ensure proximity to customers.


The joint venture's initial manufacturing phase in India aims to produce 30 million units, providing employment opportunities for 500-1000 individuals.


Discussions are currently underway with state governments, including Tamil Nadu and Telangana, to secure land for the factory.


Notably recognized for its 'Gorilla Glass,' Corning is exploring the possibility of seeking financial incentives for the production of electronic components and semiconductors through this joint venture.


Cover glass is a crucial element in the production of mobile phones and is currently imported into India for the lamination process with display panels. Bayne explained that Corning's decision to establish local manufacturing will likely attract more companies to invest in India.


The joint venture's objective is to provide this component at a comparable level of quality and cost, while reducing expenses associated with logistics and shipping.


As the venture expands, Corning also has intentions to introduce glass-sheet manufacturing and glass melting capabilities in India.


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