AGI Glaspac, one of the world’s top container glass bottle producers, has launched a Rs 400 crore speciality glass production factory in Bhongir, Telangana.
The 350 new employment will be created by the factory, which has a daily capacity of 154 tonnes.
Rajesh Khosla, President and CEO of the company, said that with the opening of the facility, “we expect an additional annual revenue of Rs 250 crore, which is expected to grow annually by 10 per cent and will also help cut down on imports”.