German glass maker Schott to double India capacity, to invest 26 million euros targeting pharma industry
The company is forecasting a rapid growth trend for high quality glass material in the pharma industry, and has thus committed additional investments of 26 million euros for yet another tank facility in 2020.
Schott, the German specialty glass maker is betting big on India, led by rising demand for pharmaceutical packaging material used in ampoules and vials meant for filling injectable drugs and sterile solutions.
The company inaugurated its new glass tank facil
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