chanelink logo
CHANELINK
English

Coherent's first global manufacturing center in India will focus on the development, production and service of lasers, optical networking components and systems

970
2023-09-07 14:58:26
See translation

Coherent, a global laser giant, has signed a tripartite cooperation agreement (MoU) with the Indian Institute of Technology Madras Research Park (IIT MRP) and Guidance Tamil Nadu Investment Promotion Centre.

Coherent will establish its first global Manufacturing Centre (CoE) for laser applications at IIT Madras Research Park, which will focus on R&D, production and services for lasers, optical networking components and systems, electric vehicle batteries and semiconductor devices to meet the fast-growing market based on mobile, intelligent and electrical applications.

Representatives of Coherent, IIT Madras and Guidance Tamil Nadu reached a tripartite agreement on the establishment of the CoE

T.R.B.Rajaa, Minister of Commerce at the Tamil Nadu Promotion Centre, said this is Coherent's first direct investment in laser applications in India. Tamil Nadu's vibrant business ecosystem, unrivalled talent pool and pioneering academic institutions make it a prime location for companies such as Coherent.

Professor Ashok Jhunjunwala, President of IITMRP Research Park, said, "We had hoped Coherent would set up manufacturing in Tamil Nadu and now we have made it possible." From R&D innovation to large-scale commercialization and training of young people is the goal of IITMRP. The collaboration with Coherent will greatly benefit the Indian Institute of Technology Madras (IIT-M) and the Madras Research Park (IIT MRP).

Giovanni Barbarossa, Coherent's chief strategy officer and president of the Materials division, said Coherent has growth opportunities in many areas in India. India is a Coherent fast-growing market that will grow at a compound annual growth rate of 40% over the next five years to reach an addrestable market of nearly $2 billion (TAM). "India is an important base for our manufacturing industry and a hub for our research and development activities. With this significant investment, CoE demonstrates our commitment to working with India, investing in Indian talent, and building and developing cutting-edge technologies in the country."

Source: Sohu

Related Recommendations

  • Leading listed laser company Novanta moves to new location

    Recently, Novanta, a pioneer in advanced laser and optical subsystems for medical and industrial applications, announced that the company will relocate from its original official address (Emery Court in Stockport, UK) to a state-of-the-art 70000 square foot factory facility in nearby Orion Business Park. Its business capabilities will also be expanded fourfold to serve an expanding team and custom...

    2024-08-08
    See translation

  • Phil Energy from South Korea wins mysterious order from European battery manufacturer

    Recently, Phil Energy, a South Korean secondary battery equipment manufacturer, successfully won an order from a European battery manufacturer to manufacture the next generation 46 series cylindrical battery manufacturing equipment. At present, both parties have signed a supply agreement for this cooperation, but have not disclosed the customer name and order size to the public. It is understood...

    2024-07-25
    See translation

  • Peking University has made significant progress in the field of photonic chip clocks

    Recently, the research team of Chang Lin from the School of Electronics of Peking University and the research team of Li Wangzhe from the Aerospace Information Research Institute of the Chinese Academy of Sciences published a research article entitled "Microcomb synchronized optoelectronics" online in Nature Electronics, realizing the application of photonic chip clocks in information systems for ...

    02-28
    See translation

  • Micro active vortex laser

    Recently, Dong Yibo, from the Photonic Chip Research Institute of Shanghai University of Technology, published his research findings titled "Nanoprinted Diffractive Layer Integrated Vertical Cavity Surface Emitting Vortex Lasers with Scalable Topological Charge" as the first author in the internationally renowned journal Nano Letters.This achievement was jointly completed by the team of academicia...

    2023-10-24
    See translation

  • Innovative laser based rain enhancement project launched by UAEREP and DERC teams

    Recently, the UAE Rainfall Enhancement Scientific Research Program launched a groundbreaking project with Dr. Guillaume Matras and his team from the Directional Energy Research Center of the Institute of Technology Innovation, aiming to address the challenge of global water shortage through advanced technology. This collaboration marks an important milestone in the field of rainfall enhancement sc...

    2024-03-02
    See translation