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AGI Greenpac gets nod to set up Container Glass Plant in Madhya Pradesh

01 Apr 2025 Evaluate

AGI Greenpac has received approval for setting up a new Container Glass Plant (Greenfield Project) in Madhya Pradesh. The company will be adding 500 TPD capacity, while the existing capacity stood at 2000TPD. The proposed capacity is to be added within 2-year period. The investment required for the project is around Rs 700 crore. The Board of Directors of the company at its meeting held on March 31, 2025 has inter-alia approved the same.

The objective behind the capacity addition is to address the demand and supply gaps in North India and capitalizing the better market access and proximity to raw materials and a skilled workforce.

AGI Greenpac is engaged in the production of various packaging products including glass containers, speciality glass products, polyethylene terephthalate (PET) bottles and products, and security caps and closures.


Peers
Company Name CMP
Uflex 659.00
EPL 238.90
AGI Greenpac 745.50
Huhtamaki India 244.75
TCPL Packaging 3863.20
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