AGI Greenpac Ltd Approves Setting Up New 500 TPD Container Glass Plant in Madhya Pradesh

AGI Greenpac Ltd has announced its decision to set up a new container glass plant with a proposed capacity of 500 TPD in Madhya Pradesh. The project, which entails a capital expenditure of approximately Rs. 700 Crores, is expected to be completed within 2 years. The new plant aims to address demand and supply gaps, promote sustainable packaging, and cater to the growing preference for premium glass packaging in various industries. The company will finance the project through a mix of debt and equity (70:30).