SCHOTT Adds New Glass Tank in India to Help Meet Pharmaceutical Packaging Demand
Production from SCHOTT’s new glass tank in India is scheduled to begin by January 2020.
SCHOTT AG recently announced the launch of a new glass tank in its Indian manufacturing plant in Jambusar, Gujarat. The €20 million (approximately $22.8 million) investment comes at a time when the company is celebrating 20 years of operations in India.
The expansion is in response to increasing global demand for high-quality pharmaceutical packaging material. Construction work on the new tank facility has begun and is expected to be completed within 18 months. Production from the new tank is scheduled to begin by January 2020. Dignitaries at a recent groundbreaking ceremony included Maharani Radhikaraje Gaekwad of Baroda; Dr. Jürgen Morhard, German Consul General, Mumbai; Radhieka Mehta, director of the Indo-German Training Centre; and Parthesh Vyas, head of CII Vadodara.
“The rapid development of the Indian pharmaceutical market requires a strong growth of high-end pharmaceutical packaging and in consequence high-end pharmaceutical tubing,” said Patrick Markschlaeger, Ph.D., executive vice president of SCHOTT’s Tubing business unit. “We estimate a market growth for premium packaging and therefore for tubing to continue on a very strong level in the coming years. In addition to the supply of the domestic market, SCHOTT Tubing India will also serve the strong growing Asian market outside of India and will therefore be an important hub for the Asian market.”
According to Georg Sparschuh, managing director of SCHOTT Glass India Pvt. India, “We feel proud that SCHOTT’s manufacturing journey is a resounding success story of ‘Make in India’ campaign wherein not only world class products are manufactured for domestic and export markets, but also new talents are nurtured in the process. The new facility will help us increase the production capacity by an additional 50%. I am excited to announce that our investment in the new tank will provide jobs for 70 additional local workers, bringing the total count to 425.”
In addition to a production hall for the tank, SCHOTT will build new facilities for energy supply, workshops and a warehouse. Energy storage, engineering and logistics infrastructure within the plant will also be expanded. As part of the production network within SCHOTT’s Tubing business unit, the new tank will reportedly be built and equipped with the latest state-of-the art machinery.
For more information, visit www.schott.com.