The state of Telangana announced a future collaboration between SGD Pharma, a global producer of primary pharmaceutical packaging, and Corning Incorporated, a global leader in materials science, to bring state-of-the-art technology and manufacturing expertise to the region.
This collaboration will combine Corning’s high-quality pharmaceutical tubing technology with SGD Pharma’s glass vial manufacturing and conversion expertise. This will secure SGD Pharma’s tubing capacities to supply primary packaging to its Indian and international customers from the Telangana State.
“We are proud to partner with Corning and the Telangana State to reinforce the strength of the pharmaceutical industry in Telangana by securing the full supply chain of primary packaging,” said Akshay Singh, Managing Director, SGD Pharma.
The intended project of approximately INR 500 crores has the potential to create nearly 150 permanent jobs and more than 300 sub-contracted manpower (in addition to the indirect employment this project will make) in the Mahabubnagar District of Telangana. Commercial production may begin as early as 2024.
“We are excited to bring this collaboration with SGD Pharma to Telangana,” said Sudhir Pillai, Managing Director, Corning India. “Together, we’ll be working to accelerate the delivery of critical drugs while also improving the quality of pharmaceutical packaging.”
Minister Mr. K.T. Rama Rao said, “I’m delighted that Corning, which is a Fortune 500 company, and SGD Pharma will be setting up a world-class facility. The manufacturing of pharmaceutical packaging glass from Telangana will accelerate the growth of the life sciences sector by ensuring an adequate and seamless supply of world-renowned corning glass tubing sets to our manufacturers. I believe that the partnership between the state of is very strategic towards our aim of achieving a USD 250 Bn ecosystem and will only grow stronger in the future.”