Indian glassware producer Borosil has begun commercial production from its second furnace at its facility in Jaipur, Rajasthan.
The facility manufactures opal ware glass with a capacity of 42 tonnes per day (TPD), the company said in a filing to the National Stock Exchange of India.
The company had started trial production at the Jaipur plant on December 20, 2022.
Borosil set up the new plant as part of its ongoing Rs 625 crore expansion plan which will be implemented until 2024.
The company has been developing and widening its consumer and scientific product range.
The expansion plan includes an investment of Rs 450 crore to set up borosilicate furnaces for pressware and a second opalware furnace in its consumer business.
Further, it’s investing Rs 175 crore in the manufacturing facility of glass tubing, which is used in scientific products such as beakers, test tubes, and drinking glasses, among others.
The company’s expansion plan is aimed at cutting costs, which had impacted its bottom line leading to a hike in the prices of its products across categories.
Borosil is also in the process of overhauling its front and back-end technology platform over three years at an investment of Rs 30 crore.
