There has always been this great demand for glass from the beverage sector, infrastructure and the real estate sector in India. It is even expected to have a CAGR of 14.78% in the next five years. The glass industry in India is primarily categorized into float (used in real estate and automobile sector), container (used in beverage, cosmetics, etc) and other (used in optical and lens industry).
The top 10 glass companies in India based on the net sales as per the latest P/L:
1. Hindustan National Glass and Industries Ltd
Founded in 1946, Hindustan National Glass and Industries Ltd is the first glass company to own a fully automated glass manufacturing plant. This industry is considered to be an important player in the glass container industry in India. It has been successfully exporting its products to 23 countries round the world.
Net sales = Rs 1877.49 Cr
2. Asahi India Glass Ltd
Asahi India Glass Ltd is the largest manufacturer of float and automotive glass in the country. It comprises of three business units – Auto glass, Architect glass and consumer glass with twelve plants across India.
Net sales = Rs 1644 Cr
3. Piramal Glass
Piramal Glass is well known for providing the best packaging solutions to the Perfumery and Pharmaceutical industries in India. It is one of the largest manufacturers of flacconage glass and ranks among the top 5 manufacturers of perfumery bottles worldwide.
Net sales = Rs 1015.48 Cr
4. Empire Industries Ltd
Empire Industries Ltd is 105 years old. It is a conglomerate which is associated with several international partners in its various business divisions. Vitrum glass division is one of them. It is one of the leading manufacturers of amber glass containers used by the Pharmaceutical industry. It has a worldwide distribution chain.
Net sales = Rs 242.74 Cr
5. Haldyn Glass
Haldyn Glass was known as Haldyn Glass Gujarat Ltd during its establishment in 1991. Their clients are mainly comprises of the Food, Pharmaceutical, Beverages, Liquor and Beer industries. They have been paying full attention and have successfully implemented Integrated Quality Management System comprising of ISO 9001:2000 and ISO 14001:2004.
Net sales = Rs 173.99 Cr
6. LaOpala RG Ltd
LaOpala RG Ltd is famous for its designer crockery and other tableware. In its tenure of 26 years, it introduced a wide range of opalware with a capacity of 688 tons/annum at Madhupur, Bihar. It has been keenly focusing on the objective of manufacturing glass and glass products of all types in the market.
Net sales = Rs 153.61 Cr
7. Binani Glass Fibre Ltd
Binani Glass Fibre Ltd is the leading manufacturer of fibreglass and composite materials in the market. Their glasses are used in telecommunications, aerospace, automobiles, energy, infrastructure etc.
Net sales = Rs 139.29 Cr
8. Borosil Glass
Borosil Glass is the leading manufacturer of laboratory glassware and microwavable glassware in India. It is famous for its quality, accuracy and dependability. The products are safe and user friendly.
Net sales = Rs 134.47 Cr
9. Saint Gobain India
Saint Gobain is highly recognized in the glass industry in India. It has three business segments – Flat glass, High performance materials and Construction Products.
Net Sales = Rs 104.21 Cr
10. Gujarat Borosil Ltd
Gujarat Borosil Ltd is promoted by Borosil Glassworks Limited and is located in Bharuch. It is one of the largest exporters of finest quality sheet glass in the country. It is the first glass manufacturer in the country to produce low iron solar glass used in Photovoltaic cells.
Net sales = Rs 95.85 Cr
Akshay Agarwal
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