AGI Clozures synergizes Glass Bottle manufacturing to foray into Closures Market
Ambrosia|August 2020
The pandemic has prompted companies to diversify towards newer directions and most manufacturers have successfully innovated into newer directions. AGI Clozures has also weathered the storm as O. P. Pandey, CFO, HSIL Ltd. shares the company’s progress in the Closures market after successfully penetrating the Glass bottle market.
O P Pandey
AGI Clozures synergizes Glass Bottle manufacturing to foray into Closures Market

Despite the lockdown, AGI was able to maintain their manufacturing capabilities to a large extent, though it was not 100%, the manufacturer still managed to operate with the curtailed capacity. “AGI’s Glass manufacturing furnace has the modular type of capacity. Without shutting the furnace some of the lines can be closed. This affected our capacity to some extent but overall the entire operation continued,” assured Pandey.

The Garden polymer for plastic container and AGI closures operations were affected for a temporary period of about 15 days but due to some of the manufactured products falling under the essentials category, the company was able to sustain the capacity. “We used to manufacture lot of pharmaceutical bottles and food segment bottles. Because these two items were categorized as essential commodities, we fulfilled our demand from customers in the pharmaceutical as well as food segment”, says Pandey.

Pandey believes that they are in the unique position to provide a one stop solution of packaging to the industry. AGI’s R&D team offers specially designed bottles with matching closures for all segments of the market. The Indian packaging market is still in the evolution stage where the cost of packaging still plays a key role in the decision-making process.

The company is in three businesses, which meet the requirements of container packaging solutions to the customer. One, the glass business which caters to the glass bottle requirements of the customers. Two, the plastic containers that meets the plastic requirements of the customers. And the security caps and closures which ensures that there is no tampering and counterfeiting of the original product explains Pandey.

This story is from the August 2020 edition of Ambrosia.

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This story is from the August 2020 edition of Ambrosia.

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