Guardian Industries

Gujarat Guardian Limited (GGL) broke ground on a second float glass line and a new wet coater facility at its Ankleshwar plant. The float line will add 1,000 metric tons per day capacity, and the wet coater will have 72,000 metric tons annual capacity, with completion expected by mid-2028.

The Competition Commission of India approved Koch Industries' proposed acquisition of the remaining 55.5% of Guardian Industries' common stock, in an all-cash transaction announced in November 2016.