Indian glassmaker HSIL is to invest in its Bhongir plant with a INR220 crore investment (US$35 million).
The revamped site will include a 150 tonnes per day furnace with five manufacturing lines which will manufacture pharmaceutical vials as well as perfumes, cosmetics and spirits.
The unit will also focus on the Indian market as well as some exports to US, Australia, and parts of Europe countries.
CEO and President R Rajesh K Khosla, said: “This world class facility will be equipped with cutting edge technology rooted in the principles of digital manufacturing and which will create job opportunities in the region.”
HSIL is part of the AGI Glaspac group, which has two manufacturing plants in the country, one in Sanathnagar and the other in Bhongir, with an overall capacity of 1,600 tpd of container glass.
HSIL is expanding into the production of this type of glass, as it will further strengthen the company’s footprint in the glass packaging segment.
The unit will be operational by September 2022.