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HNG starts work on glass mfg complex

BS Reporter Chennai/ Hyderabad

Kolkata-based glass container manufacturing company Hindusthan National Glass & Industries Limited (HNG) on Thursday commenced construction of the first phase of what it claims as the largest glass manufacturing complex in Southeast Asia at Naidupeta in Andhra Pradesh.

The greenfield complex, involving an initial investment of over Rs 700 crore, is stated to be the first step towards realising HNG’s quest to double its capacity in the next three years. The company has earmarked an investment of nearly Rs 250 crore for bringing the best technology to meet global quality standards.

Spread across 210 acres, the new complex is set to house the single largest furnace in India having a capacity of 650 tonnes per day (tpd). On completion, the 3,500 tpd facility will have three containers and two float glass plants. It is expected to generate employment for over 2,000 people. The company is also building a colony to accommodate over 600 families in the complex.

 

HNG stated in a press release that it had strategically decided to establish the project at Naidupeta in Nellore district to consolidate its foothold in southern India as well as cater to the growing demand in this region.

Located at the crossroads of Chennai, Venkatagiri, Nellore and Tirupati on NH5, the complex lies in close proximity to Ennore and Krishnapatnam ports, which makes it most suited for both imports and exports. Through this project, HNG aims to capture the market demands from West Asia, Southeast Asia, the US and Europe.

HNG enjoys about 55 per cent market share. It has six manufacturing centres at Rishra (West Bengal), Bahadurgarh (Haryana), Rishikesh, Puducherry, Nashik and Neemrana having a combined capacity of 2,825 tpd.

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First Published: Feb 11 2011 | 12:42 AM IST

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