Corning Inc will set up its Gorilla glass manufacturing facility in Telangana with an investment of Rs 934 crore. This was announced after Telangana Minister for ITE&C and Industries, K T Rama Rao met with senior executive of the company in New York.
The proposed facility will manufacture cover glass for firms operating in the smartphone industry, and is expected to generate employment for over 800 people in the state.
Moreover, this is a first of its kind investment in India for the New York-based materials science company and along with its partners, it is strategic in its vision to drive the smartphone manufacturing ecosystem across the state and nation-wide.
Telangana is fast emerging as a hub for electronics manufacturing and Hyderabad is seen as the preferred destination among companies.