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PG Electroplast lines up Rs 100 crore investment for FY22

28 Jun 2021 Evaluate

PG Electroplast (PGEL) has lined up an investment of Rs 100 crore for the ongoing fiscal year (FY22), of which the majority will be spent on setting up a new air-conditioner manufacturing plant at Ahmednagar in Maharashtra. 

The company, which had to put on hold its CAPEX plans when the first wave of COVID-19 pandemic hit India last year, is now going ahead with its planned expansions and is also planning to apply for the PLI scheme for air-conditioners.

PGEL is a diversified Electronic Manufacturing Services and Plastic Injection Molding company catering to leading OEMs in Consumer Electronics and Automotive Industry.

PG Electroplast Share Price

561.25 3.80 (0.68%)
17-Apr-2026 16:59 View Price Chart
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