Wednesday, Apr 2 2025 | Time 11:42 Hrs(IST)
Business EconomyPosted at: Mar 31 2025 7:58PM


AGI Greenpac to set up Rs 700 Cr new container manufacturing plant in MP

Hyderabad, Mar 31 (UNI) AGI Greenpac Limited, one of India’s largest manufacturers of container glass, on Monday announced setting up of a state-of-the-art greenfield, high-output and high-efficiency manufacturing plant in Madhya Pradesh with capital expenditure outlay of Rs 700 crore.
This expansion will increase the company's container glass manufacturing production capacity by 25 percent to meet the rising demand for high-quality glass packaging products, the company said in a release here.
The new plant, designed with a planned daily production capacity of 500 tonnes, will produce commercial glass for key sectors including alcoholic beverages, pharmaceuticals, and food.
AGI Greenpac anticipates commencing commercial production within 24 months.
Commenting on the investment, Sandip Somany, Chairman and Managing Director of AGI Greenpac Limited, stated, “This state-of-the-art plant will enable us to meet the rising demand for tailored glass packaging solutions, providing our customers with enhanced quality products and will further expand our share in the Indian container glass market.”
The facility will expand AGI Greenpac's geographical spread, integrating advanced manufacturing technologies and sustainable practices, demonstrating the company's commitment to environmental responsibility and long-term growth.
This expansion strengthens the company's manufacturing footprint, complementing its existing glass plants in Telangana.
Beyond its production benefits, the new plant is projected to create over 1,000 direct and indirect employment opportunities, acting as a catalyst for regional economic development and fostering a vibrant manufacturing ecosystem.
With seven strategically located manufacturing plants across India, the company serves over 500 globally recognized institutional clients.
UNI KNR SS
Tags: #AGI Greenpac to set up Rs 700 Cr new container manufacturing plant in MP
More News
Sensex surges over 300 pts

Sensex surges over 300 pts

02 Apr 2025 | 11:40 AM

Mumbai, Apr 2 (UNI) The BSE Sensex on Wednesday recovered by 314.72 pts at 76,339.23 in opening session on the strength of Realty, Technology and FMCG stocks.

see more..

SC Ralhan takes over as FIEO Prez

02 Apr 2025 | 2:02 AM

Hyderabad/New Delhi, Apr 1 (UNI) SC Ralhan on Tuesday took charge as the President of the Federation of Indian Export Organisations (FIEO).

see more..

Hyd: NMDC logs record Q4 sales

02 Apr 2025 | 1:51 AM

Hyderabad, Apr 1 (UNI) National Mineral Development Corporation (NMDC), India’s largest iron ore producer, on Tuesday said it has achieved 44.04 MT production and 44.4 MT sales in the fiscal year ending March 2025.

see more..

AP: Vizag Port handles record cargo of 82 62 MT

02 Apr 2025 | 1:13 AM

Visakhapatnam, April 1 (UNI): Visakhapatnam Port Authority (VPA) on Tuesday said it has achieved a remarkable milestone by handling 82.62 Million Tonnes (MT) of cargo during the financial year 2024-25, registering a significant growth over the previous fiscal.

see more..

RBI commemorates 90th anniversary; special postage stamp released

01 Apr 2025 | 11:50 PM

Mumbai, Apr 1 (UNI) President Droupadi Murmu on Tuesday released a special Postage Stamp to commemorate the 90th anniversary of the Reserve Bank of India (RBI).

see more..