Parent company | Granules India Ltd. |
Type of work | Manufacturing |
Reshoring category: | Foreign Direct Investment |
Total number of jobs (added or to be added): | 57 |
Year reshoring announced: | 2022 |
Year reshoring implemented or to be implemented: | 2023 |
Capital investment ($): | 12.5 |
Country(ies) from which reshored: | India |
City reshored to: | Manassas |
State(s) reshored to: | VA |
If relevant, work nearshored to: | - |
Industry(ies): | Plastic & Rubber Products |
Product(s) reshored | Pharma Packaging |
What non-domestic negative factors made offshoring less attractive? | Supply chain interruption risk/Natural disaster risk/Political instability |
What domestic positive factors made reshoring more attractive? | Eco-system synergies, Government Incentives, Manufacturing/engineering joint innovation (R&D), Skilled workforce availability/training |
Government Incentive dollar amount: | $200,000 |