Asahi India Glass plans Rs 500-Cr automotive glass plant in Gujarat
By OEM Update Editorial June 21, 2017 2:04 pm
Asahi India Glass Ltd (AIS) announced its plans to invest in a state-of-the-art ‘Greenfield Automotive Glass Plant’ near Mehsana in Gujarat.
“The investment is being made to primarily meet the automotive glass requirements of Maruti Suzuki India Ltd at its newly-established Gujarat plant,” AIS said issuing a statement.
AIS will make an investment of up to Rs.500 crore in the facility in two phases, to be implemented in modules. In the first phase, the plant will have capacities to produce 1 million laminated glasses and 1.2 million tempered glass sets per annum.
“This investment is in line with the ‘Make in India’ initiative and with this AIS will further expand its footprint across India with manufacturing plants and advanced sub-assembly units across multiple locations in the country,” the statement adds.
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