Company/Division name | Syngene USA Inc |
Parent company | Syngene International |
Reshoring category: | Foreign Direct Investment |
Year reshoring announced: | 2025 |
Year reshoring implemented or to be implemented: | 2025 |
Capital investment ($): | 50 |
Country(ies) from which reshored: | India |
City reshored to: | Rockville |
State(s) reshored to: | MD |
If relevant, work nearshored to: | - |
Industry(ies): | Chemicals |
Product(s) reshored | biologics manufacturing |
What non-domestic negative factors made offshoring less attractive? | Supply chain interruption |
What domestic positive factors made reshoring more attractive? | Government Incentives, Lead time/Time to market, Manufacturing/engineering joint innovation (R&D), Proximity to customers/market |