AGI Greenpac, a leading Indian packaging solutions provider, has announced plans to invest ₹7 billion ($81.8 million) to establish a new state-of-the-art glass manufacturing unit in Madhya Pradesh, India. This strategic expansion will enhance the company’s production capabilities and meet the growing demand for premium glass packaging across various industries.
Expanding Capacity and Market Reach
Once operational, the new facility will:
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Increase AGI Greenpac’s container glass production capacity by 25%.
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Produce 500 tonnes of container glass per day, catering to industries such as alcoholic beverages, food, and pharmaceuticals.
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Strengthen the company’s market position in the premium glass packaging segment.
The plant is expected to be fully operational within the next two years, aligning with AGI Greenpac’s commitment to timely market expansion.
Strategic Location and Sustainable Operations
Madhya Pradesh was chosen for the new plant due to its:
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Central location, ensuring efficient distribution across India.
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Proximity to key raw materials, optimizing production costs and logistics.
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Business-friendly environment, supporting industrial investments.
AGI Greenpac is integrating advanced manufacturing processes and environmentally sustainable practices into the new facility, reflecting its dedication to reducing its carbon footprint while driving long-term business growth.
Boosting Employment and Economic Growth
The project is expected to generate over 1,000 direct and indirect jobs, contributing to regional economic development and strengthening the local industrial ecosystem.
Leadership Perspective
Sandip Somany, Chairman & Managing Director of AGI Greenpac, stated:
“Madhya Pradesh’s favourable business environment and strategic location align with our growth strategy. This state-of-the-art plant will enable us to meet the rising demand for tailored glass packaging solutions, offering customers superior quality products and further expanding our market share in the Indian container glass sector.”
Strengthening Global Presence
AGI Greenpac is also expanding internationally, having opened a new regional office in Dubai, UAE, in December 2023, to strengthen its presence in the Middle East market.
With this significant investment, AGI Greenpac is poised to drive innovation, sustainability, and growth in the glass packaging industry, reinforcing its position as a market leader in India and beyond.