- The new facility is based in Bhongir plant and will reduce dependence on imports and promote sustainability specially in the beauty industry segment.
- Aiming to capture 10%-15% market of speciality glass segment, the Bhongir facility is expected to generate revenue of Rs.250cr at CAGR of 10% YoY.
- The facility is expected to provide employment to 350+ workers
India, 24th January 2022: AGI glaspac, India’s leading container glass bottle manufacturer, today inaugurated its new manufacturing facility in Bhongir, Telangana. With an aim to cater to the growing demand in Speciality Glas segment, the new 154 TPD (Tonnes per day) glass plant has initiated the production of clear glass products as vials, nail polish bottles, etc. These clear glass products are primarily used for packaging cosmetics and perfumery, pharmaceutical products, premium spirits, food and beverages and also to make water bottles and candle jars
In line with the ‘Make in India‘ and ‘Aatmanirbhar Bharat‘ vision, the new plant will help reduce dependency on imports and promote sustainability by encouraging various industries to choose for the glass products over plastic. The facility will provide direct employment to 350+ people and will serve foreign markets along with the Indian markets.
Mr. Rajesh Khosla, President & CEO AGI glaspac, said „“With the opening of this new facility, we are closer to our vision of building a centre of excellence in the container glass packaging in India, using globally-benchmarked manufacturing systems and practices. With an expected revenue of Rs.250cr at CAGR of 10% YoY, this facility will boost our commitment to produce sustainable world-class, innovative products for the ever evolving demands of our consumers.“
The facility will comprise of end-fired furnaces with six forehearths for production and capable of producing 154 tonnes of premium flint and other different colours. Aiming to capture 10%-15% market of speciality glass segment, the facility consist of state of art technology for Blow&Blow, Press&Blow with integrated decoration facility for hot foil stamping, coating, lacquering, colouring in collaboration with world renowned service providers.
AGI will be using 5” DG machine, 85mm IS10 TG machine, 64mm IS8 QG machine, 64mm IS 6+6 QG Tandem machine, and 5.5” IS 10 DG machines to manufacture nail polish bottles, foundation jars, perfume bottles, water bottles, food and beverages, premium spirits bottles, injectables, infusion bottles, carbonated water bottles, sparkling wine bottles etc. There are also several other specialized equipment for packaging and decoration.
Going forward, AGI will increase its production capacity in the years to come. AGI is also focused on serving niche customers with small batch requirements as the production lines are flexible and can be adapted based on their needs. Further, AGI is planning to forge warehouse at strategic locations near its key markets so as to reduce the delivery lead time.
About AGI glaspac:
The Packaging Products Division of HSIL Ltd., AGI glaspac (better known as AGI), was established in 1972 and is one of the leading container-glass manufacturers in the country. AGI has two state-of-the-art facilities, one in Hyderabad and the other in Bhongir, Telangana. They are engaged in the manufacture of high-quality glass containers to meet the stringent and demanding quality standards of the packaging needs of the food, pharmaceuticals, soft drinks, spirits, beer, wine and other industries. With an in-house design studio, mould manufacturing and ACL (Applied Ceramic Labeling) facilities, AGI has fully integrated operations, which enables the manufacture of quality products and ensures timely deliveries. With the Hyderabad and Bhongir facilities put together, AGI melts around 1600 tonnes of glass per day. With four furnaces, AGI can commit to the availability of flint, amber and green glass throughout the year. Apart from the host of the multinationals who comprise a part of AGI’s Indian market, it also has a large customer base in North America, Europe, Africa and the APAC regions.
For more information, visit https://agi-glaspac.com/
Source: Company Press Release
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