Corning Incorporated (NYSE: GLW), founded in 1851, and headquartered in Corning, New York, USA is one of the world’s leading innovators in materials science. For more than 165 years, Corning has applied its unparalleled expertise in specialty glass, ceramics, and optical physics to develop products that have created new industries and transformed people’s lives.
Corning entered the India market in late 1980s to produce cathode ray tube (CRT) glass for the TV industry. This local production of CRT TV glass supported the advancement of affordable TV ownership across the region. Corning then established a liaison office in India in 1988. Since then, Corning has been actively participating in India’s development, working with local expertise to develop and apply Corning’s breakthrough technologies that significantly improve people’s lives. Today, Corning’s investments in India align well with emerging market trends in the region.
Corning’s Optical Communications business, offering optical fibre, cable and connectivity solutions, has played a key role in India’s growing telecommunications market. From supporting India’s first optical fibre deployments in the 1980s, to currently taking enterprise network solutions to data centres, Corning continues to play a strong role in connecting India’s people. In 2012, with its investment of over $100 million, Corning established a state-of-art optical fibre manufacturing facility in Chakan, Pune which further confirms Corning’s commitment to India’s connected future. As the Indian Government invests in forward-looking initiatives like Smart Cities and BharatNet and introduction of 5G Corning will continue to innovate and provide future-proof solutions in India’s optical communications space.
Corning’s materials and process expertise has contributed to the campaign for clean air for more than 25 years in India. As an inventor of cellular ceramic substrates and filters for emissions-control products, Corning has been a dedicated partner to the Indian automotive industry, providing cutting-edge emissions control technology. India’s vehicle market growth coupled with tighter emission regulations such as India’s Clean Air legislation is driving the increased demand for high-quality emission products. Corning’s commitment to clean air solutions continues through a global network of service, engineering, and manufacturing facilities that provide quality products, market understanding, and reliable product supply to Indian customers.
From cover glass for consumer electronics, to microlithography solutions for the semiconductor industry and many applications in between, Corning Specialty Materials develops customer-driven solutions for a wide variety of materials and optics challenges. Corning has been supplying high-quality eyewear lenses to the Indian market for more than 25 years, with Corning’s ophthalmic business serving as the company’s largest business in the region prior to the opening the Pune optical fibre plant. In May 2014, Corning introduced tough and damage-resistant Gorilla® Glass for mobile phone applications to the India market. Since then, Corning’s innovative and durable Gorilla Glass is being adopted by leading Indian customers for various applications.
Corning Life Sciences offers a comprehensive range of innovative, high-quality labware products and solutions for life science research and bio production. Corning provides the world’s most comprehensive line of drug discovery tools to support Indian biotechnology researchers in their quest to minimize the time and cost being spent on the development of new medicines. With India’s population expected to reach 1.6 billion in 2027 (per the 2019 UN Report on World Population), this growing population demands not only large-scale production of vaccines but also research for newer vaccines relevant to India. Corning’s bioprocessing tools are already helping Indian biopharma companies develop and produce vaccines. The acquisition of the BD (Becton Dickinson) Discovery Labware business in 2012 has expanded the Corning Life Sciences product portfolio and enhanced its access to an extensive dealer network to serve customers in India.
Corning is also looking for new business opportunities for other product lines, including its Advanced-Flow™ reactors and MASTERPIX™.
Corning Advanced-Flow™ reactors are engineered designed for the seamless scale up from lab scale to industrial-scale production of chemicals for the pharmaceutical, specialty, fine chemical, agro-chemicals and petrochemicals industries.
MASTERPIX™ prints photos onto thin, durable, optically clear Corning® Gorilla® Glass, which has been used as a cover glass on more than 7 billion electronic devices around the world. The same tough, damage-resistant glass that helps protect phones and tablets is now available to help preserve people’s most cherished moments.
Across the company’s business segments, Corning continues to bring life-changing innovations powered by specialty glass and ceramics to India’s markets.
Today, Corning’s investments in India align well
with emerging market trends in the region.