Friday, Apr 4 2025 | Time 07:38 Hrs(IST)
Business Economy


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.
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