Asahi India Glass Limited
(AIS) is investing 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 Limited at its
newly-established Gujarat plant.
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. Investment for
the first phase was approved at the AIS board meeting held on May 28, 2017.
Asahi India Glass Ltd. (AIS)
is India's leading integrated glass solutions company and a dominant player
both in the automotive and building glass segment. It commands about 78% share
in the Indian passenger car glass market.
Besides Gujarat, AIS has four
automotive plants, located at Bawal (Haryana), Roorkee (Uttaranchal), Taloja
(Maharashtra) and Chennai (Tamil Nadu) and several advanced subassembly units
in Bangalore, Pune and Kadi (Gujarat).
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