Piramal to invest Rs 300 crores in Jambusar plant

Piramal Glass (PGL) has announced an investment of Rs 300 crores in its Greenfield project in Jambusar, Gujarat, India. The expansion plan includes one new furnace with seven manufacturing lines spread across the 300,000 sqft plant. This will be an addition to its three furnaces and 23 manufacturing lines, which produces 540 tonnes of glass per day.

28 Feb 2020 | By Abhishek Muralidharan

PGL produces 1,435 tonnes of glass per day

Vijay Shah, vice chairman, Piramal Glass said, “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.

The new additions will primarily aim to cater to high-end specialty spirit, food and beverage and pharmaceutical markets for exports to Asia, Europe and the US. PGL is already catering to the high-end specialty spirits segment from its plant in the US. “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,” said Shah.

The specialist in design, production and decoration of niche glass packaging solutions has global sales of Rs 2,500 crores. It operates from India, Sri Lanka and the US through its four manufacturing facilities and other decoration plants.

"This world-class plant equipped with cutting-edge technology rooted in the principles of digital manufacturing, will also create job opportunities in the region,” added Shah.

Globally, PGL produces 1,435 tonnes of glass per day from 12 furnaces and 63 production lines; 40% of its sales are in the high-end cosmetics and perfumery market, 37% in specialty spirits, and 23% in the pharmaceutical market.