Can you give us an overview of the speciality glass/high-end glass manufacturing industry in India?
The glass industry in India is quite old and well established. It remained largely a cottage industry for a very long time. In recent years, the industry has transformed from using rudimentary mouthblown and hand-working processes, to adopt modern processes and automation in a big way. However, Indian per capita consumption of glass packaging (1.8 kg) is much lower compared to other nations.
According to various studies, plastic will be phased out in the coming years. India’s dream and global vision are to replace plastic with green and environmentally friendly glass products. Hence, the speciality glass manufacturing industry has a potentially huge demand in the present and future. We have expanded capacity to meet the rising demand, and there is no glass shortage.
As pharma bottles are non-returnable, they are produced at the lowest possible weights and with a uniform thickness, which will be an added advantage for logistics. With the help of advanced ‘blow-blow’ and NNPB technologies, bottles are produced with airtight packaging and delivered to the customers. Hence, AGI is gearing up for phasing-out plastics through its innovative glass packaging solutions.
Where does AGI glaspac stand in terms of its market share and brand value in the market?
We are currently one of the leading glass manufacturers with a market share of 20 per cent. The total glass manufacturing capacity in the country is eight thousand tons per day.
This story is from the January 2021 edition of The Machinist.
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This story is from the January 2021 edition of The Machinist.
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