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A look inside Corning’s plans for Tamil Nadu facility

Economic Times

Economic Times · 1y ago

A look inside Corning’s plans for Tamil Nadu facility

Corning Inc., the maker of Gorilla Glass, plans to establish a manufacturing unit in India for cover glass finishing to be closer to its customers' supply chains. David Velasquez, VP and GM of Corning Gorilla Glass, stated that the company's mobile phone customers have a considerable presence in India, making it a strategic move to co-locate production there. This expansion aligns with Corning's strategy of being close to its customers and leveraging local expertise.

Related News

Tata Motors plans to invest ₹9,000 crore in manufacturing in Tamil Nadu

Thehindubusinessline

Thehindubusinessline · 1y ago

Tata Motors plans to invest ₹9,000 crore in manufacturing in Tamil Nadu

Tata Motors is making a significant manufacturing investment in Tamil Nadu, with plans to invest ₹9,000 crore in building a modern vehicle manufacturing facility. The project aims to create over 5,000 jobs in the Ranipet district. The company signed an agreement with the government for the investment. Tamil Nadu has become a prominent investment hub, attracting top-tier employment opportunities and showcasing its industrial growth.

Tamil Nadu CM MK Stalin inaugurates VinFast's first EV plant in India at Thoothukudi

IndianStartupNews

IndianStartupNews · 24d ago

Tamil Nadu CM MK Stalin inaugurates VinFast's first EV plant in India at Thoothukudi

Tamil Nadu Chief Minister M.K. Stalin inaugurated VinFast's first Indian electric vehicle (EV) plant in Thoothukudi. The facility, located on 408 acres, can initially produce 50,000 vehicles annually, with expansion plans to 150,000 units. Specializing in assembling premium SUVs for domestic and export, it marks VinFast’s third global facility. The plant aims to boost India’s manufacturing ambitions, leveraging Tamil Nadu's industrial strength and skilled labor. VinFast targets 200,000 global deliveries in 2025.

US’ Corning to build Rs 1,000-crore gorilla glass facility in Tamil Nadu

Economic Times

Economic Times · 1y ago

US’ Corning to build Rs 1,000-crore gorilla glass facility in Tamil Nadu

Corning Inc., the key supplier of gorilla glass to Apple, is planning to invest Rs 1,000 crore in setting up a manufacturing facility in Tamil Nadu, India. The facility will be located in Pillaipakkam and employ around 300 people. This move marks the expansion of Apple's ecosystem and the growing presence of electronic component manufacturers in India. Corning has chosen Tamil Nadu over Telangana due to the state's electronics ecosystem and proximity to other Apple suppliers. The facility is expected to be operational within a year.

Why new-age EV manufacturers are picking nimble neighbouring states over Karnataka

Economic Times

Economic Times · 1y ago

Why new-age EV manufacturers are picking nimble neighbouring states over Karnataka

Tamil Nadu is seen as a result of the state's efforts to attract manufacturers, while Ola Electric chose to set up their factory outside of Karnataka due to proactive actions by states. Electric scooter maker Ather Energy's decision to establish a manufacturing facility in Tamil Nadu is driven by the proximity to their major markets.

Tata Motors holds groundbreaking ceremony for Tamil Nadu factory

Economic Times

Economic Times · 11m ago

Tata Motors holds groundbreaking ceremony for Tamil Nadu factory

Tata Motors held a groundbreaking ceremony for a new facility in Tamil Nadu, which will produce cars and SUVs and is expected to create 5,000 jobs. The factory will manufacture vehicles for Tata Motors and Jaguar Land Rover, catering to both domestic and international markets. The Tata Group has invested in multiple production units in Tamil Nadu over the past three years and has more than 150,000 direct employees in the state. The facility is designed to have an annual production capacity of over 250,000 vehicles and will gradually reach this capacity over the next few years.

Tata’s ₹6,000 crore Hosur facility to begin manufacturing iPhones in November 2024, says report | Mint

Livemint

Livemint · 1y ago

Tata’s ₹6,000 crore Hosur facility to begin manufacturing iPhones in November 2024, says report | Mint

Tata Electronics' iPhone manufacturing plant in Hosur, Tamil Nadu, is set to commence production in November. It is Apple's fourth assembly plant in India and will be dedicated to manufacturing iPhones. The facility is expected to employ 50,000 blue-collar workers, making it the second-largest iPhone facility in Tamil Nadu. The plant aims to boost Apple's local production and supply chain localization efforts in India. The expansion of manufacturing in India is part of Apple's strategy to diversify its operations beyond China.

Apple supplier Jabil to set up manufacturing facility in Trichy for Rs 2,000 crore

Economic Times

Economic Times · 11m ago

Apple supplier Jabil to set up manufacturing facility in Trichy for Rs 2,000 crore

Apple supplier Jabil plans to establish a manufacturing facility in Trichy with an investment of Rs. 2000 crore, according to Tamil Nadu CM MK Stalin. This move is expected to create around 5000 jobs and develop a new cluster for electronics manufacturing. Jabil's decision to expand in Tamil Nadu aligns with Apple's focus on increasing its presence in India. Additionally, the state has attracted other major Apple suppliers such as Foxconn, Pegatron, Tata Electronics, and Corning. Alongside Jabil's investment, two other investments were secured for the state, including an expansion by Rockwell Automation and a collaboration with Autodesk to boost skills and support MSMEs and startups.

EV maker River Mobility to build ₹1000 crore facility

Internet

Internet · 1y ago

EV maker River Mobility to build ₹1000 crore facility

River Mobility, a Bengaluru-based EV startup, plans to invest ₹1,000 crore in a new 25-50 acre facility, producing 5 lakh vehicles annually. They're in talks with Andhra Pradesh, Tamil Nadu, Karnataka, and Telangana. CEO Aravind Mani stated that their $68 million funding from Yamaha and Toyota will help fund it.

Jabil’s massive ₹2,000 crore investment in Trichy to create 5,000 jobs | Mint

Livemint

Livemint · 11m ago

Jabil’s massive ₹2,000 crore investment in Trichy to create 5,000 jobs | Mint

Electronics manufacturer Jabil has announced a ₹2,000 crore investment in a new facility in Trichy, Tamil Nadu. The project is expected to create around 5,000 jobs and strengthen the state's industrial sector. This investment aligns with the presence of other major Apple suppliers in Tamil Nadu, including Foxconn and Pegatron. Additionally, the state's Chief Minister, MK Stalin, announced expansion plans by Rockwell Automation, an agreement with Autodesk to support MSMEs and startups, and an expansion of Eaton's R&D center in Chennai. Discussions were also held with Apple, Google, and Microsoft regarding potential investments in the state.

Kaynes looks to open Rs 4,995 crore components making unit in Tamil Nadu - The Economic Times

Economic Times

Economic Times · 25d ago

Kaynes looks to open Rs 4,995 crore components making unit in Tamil Nadu - The Economic Times

Kaynes Circuits India plans to invest ₹4,995 crore in an advanced electronic components manufacturing facility in Thoothukudi, Tamil Nadu, marking the state's first large-scale PCB manufacturing initiative. This move aims to establish an electronics manufacturing cluster in Thoothukudi, creating approximately 4,700 jobs and strengthening the electronics manufacturing ecosystem beyond assembly to high-end component production. The facility will boost Thoothukudi's potential as a hub for both automotive and electronic manufacturing, integrating with nearby EV production efforts.

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