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AGI Greenpac invests 230-cr to optimise production, exports

Wednesday, 03 Jul 2024
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AGI Greenpac is making a strategic investment of 230 crore to modernise its existing furnaces, implement cutting-edge technologies, and optimise production. This initiative will enable the packaging products company to better serve the growing demand for high-quality glass packaging solutions.

Fuelled by the growing global demand for high-quality glass packaging, the company is actively exploring export opportunities in the Middle East and Europe, following establishing a strategic export channel in the USA. AGI Greenpac is also strategically expanding its reach to establish itself as key force in the international glass packaging landscape. This move reflects AGI Greenpac's commitment to effectively serving global markets and fostering stronger relationships with customers worldwide.

This commitment to best-in class practices not only strengthens its domestic offerings but also allows it to venture into new markets. The specialty glass plant in Bhongir, Telangana, has been fully operational since January 2023. With a daily production capacity of 154 tonne, this facility caters to a range of industries, including cosmetics, perfumery, and candle jars segments.

The plant utilises cutting-edge blow & blow and press & blow technologies to produce high-quality clear glass products in various shapes and sizes to precisely shape molten glass into a wide range of high-quality, complex glass bottles and jars. GI Greenpac also houses India's first glass packaging R&D Centre, dedicated to developing sustainable solutions, and pioneering new technologies such as energy-efficient multi-color cold foil stamping process.

The Decoration Unit, another first in India, offers customisation options and leverages a range of advanced processes, including ceramic, UV, and hot-foil stamping, to meet the evolving demands of global cosmetics, perfumery, and beverage brands.

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