The glass packaging solutions major which furnishes to high-end cosmetics, perfumery, food and beverage, and pharmaceutical industry will set up one brand-new furnace with seven new manufacturing on three lakh sq ft land.
“The plant will commence manufacturing from December this year. It will manufacture specialty bottles catering to Indian, Asian, European, and the US markets,” said Vijay Shah, the executive director, PGL.
The company will invest another Rs 120 crore in its Kosamba plant and hire a total of 1,000 new employees during expansion in Jambusar and Kosamba, said by Shah.
PGL has global sales value of Rs 2,500 crore and it operates from India, Sri Lanka and the US. The firm’s current manufacturing mass is 540 tonnes per day, and with the new Jambusar plant, it will compute another 250 tonnes per day to its capacity. The firm provides end-to-end glass packaging solutions in nearly 50 countries.
Mr. Vijay Shah, also added, “We are delighted to announce the expansion of our Jambusar plant in Gujarat, India. This will enable us to offer our premium customers in Asia, Europe and the US, innovative value-added glass packaging across high-end Specialty Spirits and Food & Beverage Industries. This world-class plant equipped with cutting-edge technology rooted in the principles of digital manufacturing will also create job opportunities in the region.”
The motive of Piramal Glass is to increase the value of the product by providing value-added glass packaging to fulfil peoples’ objective.