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Private Sector | Gujarat - India | PID: 192068
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Value: 300 Crore | Piramal Glass (PGL) will make an investment to the tune of Rs 300 crore (USD 42 million) in its greenfield project in Jambusar in Bharuch district of Gujarat
The company expansion plan includes one new furnace with seven new manufacturing lines across around 3,00,000 sq ft plant. The plant will cater primarily to high-end specialty spirit, food and beverage and pharmaceutical markets primarily for exports to countries in Asia, Europe and the USA
Piramal Glass is already catering to the high-end specialty spirits from its plant in the USA. This top-of-the-line facility will be one-of-its-kind in Asia as there is a growing need for high-end water bottles, spirits bottles and food packaging
The plant in Jambusar already houses three furnaces with 23 manufacturing lines and produces 540 tpd of glass. It currently employs 2,130 people and with the new expansion it will create an additional direct employment to around 700 people
| Updated on: 27 - Feb - 2020
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