Hyderabad, March 31 -- 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...