AIS announces Rs 500-crore greenfield automotive glass plant in Gujarat

Asahi India Glass Limited (AIS) announced its plans to invest in a state-of-the-art ‘Greenfield Automotive Glass Plant’ near Mehsana in Gujarat to meet the automotive glass requirements of M/s 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 one 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 yesterday. The investment is in line with the Make in India initiative launched by the Government of India. With this investment, AIS further expands its footprint  with manufacturing plants and advanced sub-assembly units across multiple locations in the country.