
SCHOTT AG, a global leader in pharmaceutical glass manufacturing, is inaugurating its new glass tank facility in Jambusar, Gujarat, following an investment of €21 million last year. The company forecasts a rapid growth trend for high-quality glass material in the pharma industry and has thus committed additional investments of €26 million for yet another tank facility in 2020. Each of the new production facilities, with a combined investment of €47 million, will double the capacity of SCHOTT Glass India’s manufacturing plant, allowing the group to produce its highly specialized FIOLAX tubing material for both domestic and export demands. SCHOTT began the construction of its first new facility last year on the occasion of completing two decades of operations in India. The facility finished construction within a record time of one year, enabling employment of another 100 skilled local workforce. The new set-up brings together SCHOTT’s state-of-the-art technology and Indian ingenuity together to produce pharmaceutical packaging and tubing equipment in line with ‘Industry 4.0’ standards. Talking about SCHOTT Glass India’s future plans, Georg Sparschuh, managing director,…
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