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 plus people and will serve foreign markets along with the Indian markets.
Rajesh Khosla, president and 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 250 crore 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 specialised equipment for packaging and decoration.
Going forward, the company will increase its production capacity in the years to come. It 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, it is planning to forge warehouse at strategic locations near its key markets so as to reduce the delivery lead time