English

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

1049
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
  • Chinese femtosecond laser company completes Pre-A round of financing

    Recently, Qingdao Free Trade Laser Technology Co., Ltd. successfully completed the Pre-A round of financing. This financing is led by Shandong Letong Science and Technology Industry Finance New Energy Industry Development Fund Center (Limited Partnership). This financing will focus on attracting professional talents, including optical engineering experts, algorithm engineers, etc., in order to a...

    2024-11-19
    See translation
  • Integra Optics launches groundbreaking XGS-PON and GPON combined OLT SFP+optical transceivers

    Infinite Electronics brand and innovative operator level global supplier of fiber optic components, Integra Optics, announced the launch of its latest innovative product, the XGS-PON and GPON combination OLT SFP+BiDi optical transceiver module. This module integrates the passive optical network OLT and GPON OLT optical modules of XG (S), promoting seamless network rate deployment within the optica...

    2024-04-11
    See translation
  • Rapid and convenient preparation of small-sized metal nanoparticles using microchip lasers

    Liquid pulse laser ablation is a reliable and versatile technique for producing metal nanoparticles in solution. Its advantages include no reducing agent, simple operation, high purity, no need for purification steps, and environmental processing conditions, making it the preferred method for traditional metal NP preparation.The widespread adoption of PLAL in scientific and industrial research has...

    2024-01-30
    See translation
  • Research progress on machine learning for defect detection and prediction in laser cladding process

    It is reported that researchers from Foshan University, the Institute of Chemical Defense of the Academy of Military Sciences, the National Defense Technology Key Laboratory of Equipment Remanufacturing Technology of the Armored Forces Academy, and Chengdu State owned Jinjiang Machinery Factory have summarized and reported the latest progress of machine learning in defect detection and prediction ...

    01-17
    See translation
  • French research team successfully develops new orange laser

    A research team in France has reported a novel laser that emits light in the orange region of the spectrum, indicating its potential applications in flow cytometry and astronomical laser guidance.In the research results just published in Optics Express, the team (including researchers from the É cole Polytechnique in Caen, France and Oxxius, a laser manufacturer based in Lannion) claimed that the ...

    03-04
    See translation