AGI Greenpac, a leader in India’s packaging industry, is investing ₹230 crore to enhance its production facilities and boost export capabilities. This strategic move is set to capitalize on the projected growth of the global glass packaging market, which is expected to surge from $67.28 billion in 2024 to $93.69 billion by 2032.
AGI Greenpac’s investment focuses on modernizing its furnaces and integrating cutting-edge technologies to optimize production efficiency. This initiative will enable the company to meet the rising demand for high-quality glass packaging solutions, both domestically and internationally. By upgrading its manufacturing processes, AGI Greenpac is positioning itself as a key player in the global market, particularly in the Middle East, Europe, and the USA.
The state-of-the-art specialty glass plant in Bhongir, Telangana, fully operational since January 2023, exemplifies this commitment. With a daily production capacity of 154 tonnes, the plant caters to industries ranging from cosmetics and perfumery to premium beverages. Utilizing advanced Blow & Blow and Press & Blow technologies, AGI Greenpac produces complex, high-quality glass bottles and jars, meeting the diverse needs of its clients.
Additionally, the company’s R&D Center, the first of its kind in India, is dedicated to developing sustainable packaging solutions and pioneering new technologies. These innovations are set to elevate AGI Greenpac’s offerings, ensuring it remains at the forefront of the global glass packaging industry.