Hindusthan National Glass Industries (HNGIL) is mulling an investment of about Rs 2,500 crore over 7-8 years on a new manufacturing facility in the Neemrana region of Rajasthan. The investment is part of the company’s plans to put in Rs 5,000 crore for augmentation of production capacity.
After scouting for a location in various states, including Haryana and Madhya Pradesh, the company zeroed in on a 500-acre site in the Neemrana region. The new site would have a manufacturing capacity of around 2,000 tonne of float glass and nearly 2,200 tonne of container glass per day.
The company already has plants at Bahadurgarh in Haryana, Nashik in Maharashtra and Neemrana in Rajasthan. HNGIL is also currently setting up a new unit at Naidupeta in Andhra Pradesh at an investment of Rs 650 crore. The unit with a capacity of 750 tonne per day is expected to be operational by next month.
