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Corning, SGD Pharma set up ₹500 cr glass tubing facility in Telangana
BusinessLine· 2025-09-22 11:31
Core Insights - Corning Incorporated and SGD Pharma have established a new glass tubing facility in Vemula, Telangana, with an investment of ₹500 crore [1][2] - The facility will produce high-quality Type I borosilicate glass tubing, essential for injectable drug packaging and other medical applications [2][3] Company Developments - The inauguration of the facility is seen as a significant milestone for Corning, enhancing production capacity and localizing supply chains to better serve regional needs [3] - SGD Pharma's CEO highlighted that this joint venture is a key part of their global growth strategy, bringing advanced technology to a rapidly growing pharmaceutical market [4] Economic Impact - The new facility is expected to create 150 direct jobs and hundreds of indirect jobs, contributing to the local economy and supporting India's self-reliance and sustainable growth goals [4]