# AGI glaspac to invest up to ₹130 crore in lightweight bottle technology and cullet systems

AGI glaspac, an Indian container glass maker, will invest up to ₹130 crore in technology upgrades, including NNPB lightweight bottle technology from Europe and cullet sorting systems. The investment aims to grow exports of light bottles and improve glass reuse.

- Type: Investment
- Announced: 2019-11-12
- Where: Hyderabad, India
- Value: $18.3M (1.30B INR)
- Status: announced
- Capacity: Current glass production capacity of 1,600 tonnes per day
- Products: container glass bottles, lightweight bottles, cullet sorting systems
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [AGI glaspac](https://endata.com/companies/5776.md)

## Sources

- [thehindubusinessline.com](https://www.thehindubusinessline.com/companies/agi-glaspac-to-invest-up-to-130-crore-in-techology-upgrade/article29955387.ece), 2019-11-12: "The Hyderabad-based ₹1,300-crore turnover company will obtain the latest technology called NNPB from Europe for producing light weight bottles."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.