The glass industry has a great significance for any country’s economy. Glass is applicable in many fields. In India also, the glass industry is a gigantic industry and it holds a marketplace of more than Rs340 billion. The production of glass is an entangled process which involves two processes. The first process is the float grass process which produces sheet glass and the second one is the glass blowing process which produces bottles and other containers. The glass that is obtained from recycling centers and bottle banks can also be used for the glass manufacturing process. The highest application of glass is found in the automotive industry that is 20%. It is expected that the market size of the industry will increase in the upcoming years as the serviceability of glass is increasing day by day.
There are many companies in India manufacturing glass. The top 10 manufacturers are given below.
10. Swiss Glascoat Equipment Limited
Swiss Glascoat is an India-based company that deals with the manufacture of carbon steel glass lined equipment. The Swiss Glascoat Equipment is famous for making products like AE and CE type reactors, rotary conical vacuum dryer, agitated nutsche filter and dryer, heat exchanger/condenser, receivers/storage tanks, filters and columns and agitators. The products that are manufactured by the company are used in various sectors like Pharmaceutical, Agro Chemicals, Food Processing and other industries. The company holds a market capitalization of Rs52 crores.
9. Haldyn Glass Limited
Haldyn Glass Limited was started in the year 1991. The company was started in Gujarat, India. The company is known for manufacturing soda lime flints and Amber glass containers since the year 1964. The company is known for the creative and prolific designs it gives to the containers. The company deals with clients in Food, Pharmaceutical, Beverages, Liquor and Beer industry. The company is known for the manufacture of quality glass. The production of this quality glass is ensured by the help of an Automatic Temperature Control system that are used for fore-hearths. Imported refractors are used inside the furnace. The market capitalization of Rs165 crores is owned by the company.
8. Binani Industries Limited
Binani industries limited were founded sin the year 2004. The company was founded after the BrajBinani Group was reconstructed. The company was reconstructed in the year 1872. The company has gained a lot of success, both nationally and internationally and is multidimensional in business. The country deals with clients in China and UAE and is now expanding in Africa and other countries. The company apart from manufacturing glass also manufactures cement and zinc. The Binani industries are known as the pioneer of fiberglass industry. The fiberglass made by the company is exported to more than 25 countries. The main clients of the Binani industries are the automobile, medical and infrastructure industry. The company owns a market capitalization of Rs212 crores.
7. Gujarat Borosil Limited
The company is known as the pioneer of microwavable kitchenware and laboratory glassware in India. The company is the first and only manufacturer of solar glass in India. The manufacturing units are specially designed. The manufacturing units are composed of the top European equipment. The company deals with the clients that manufacture solar modules worldwide. This kind of plant is only available in the Gujarat Borosil Industry in India. The plant is prolifically designed for the solar industry. The company is also known for manufacturing glass sheets of premier quality. The revenue of the company crossed the mark of Rs150 crore last year and it made a profit of Rs22 crore. The market capitalization of the company is Rs217 crore.
6. Saint-Gobain Sekurit
Saint-Gobain security India is the subordinate of the Saint-Gobain security France. It was established in India in the year 1996. In India two plants of Saint-Gobain are located. One plant is located near Pune at Chakan that deals with the manufacture of windshield and the other plant is located Bhosari that deals with the manufacture of tempered side and back glasses. Both the plants of Saint-Gobain Securit India are ISO certified. The company has been in business since 80 years. This brand needs no introduction as so many years of experience is related to the company. The market capitalization of the company is Rs360 crore.
5. Borosil Glass Works Limited
Borosil Glass works limited was established in the year 1962. The company is known for exporting its products across the globe. The company is considered the pioneer of laboratory glassware manufacturer. The kitchenware made by the company is innovative and prolific. The main clients of the company are Biotechnology, Microbiology, Lightening and Process System industry. Borosil glass works limited is ISO certified. The market capitalization of the country is Rs700 crore.
4. Hindustan National Glass And Industries Limited
The company was founded in the year 1946. The first automated glass manufacturing unit of the country was established at Rishra by the Hindustan National Glass and Industries Limited. The other plants of the company are located at Bahadurgarh, Rishikesh, Neemrana, Nashik and Puducherry. The company is a globally recognized company and exports its products in more than 23 countries. The company is the pioneer of class container manufacturing. The 50% of the market share of this segment is handled by the company. The main clients of the company are Pharmaceuticals, Beverages, Cosmetics and Packaged Food industry. The market capitalization of the Hindustan National Glass and Industries Limited is Rs786 crore.
3. Empire Industries Limited
Empire industries limited were a part of the British Company during the British rule. The company has more than 105 years of experience and is known for the innovative, creative and the prolific products that it manufactures. The company deals with many diverse domains like glass, food and pharmaceutical industries. Empire Industries are known for manufacturing glass containers for the Pharmaceutical industry. The containers range from 5 to 500ml. Empire Industries is a globally recognized company that exports its products to countries like Jordan, Kenya, Indonesia and Thailand. The main clients of the company are GSK, Himalaya, Abbot and Pfizer. The market capitalization of the company is Rs 1062 crore.
2. La Opala Rg
La Opala RG is one of the leading companies in the glass industry. The company was established in the year 1987. The company deals with the manufacture of glass and tableware products. The company is known for the quality and trust it offers to the customers. La Opala RG is ISO certified company. The company has been felicitated with the UdyogRatna. The brands that the company owns are the laopala, Solitaire and Diva. The company deals with the clients from many countries. The company exports its products to countries like USA, UK, Turkey and France. The market capitalization of the company is Rs3123 crore.
1. Asahi India Glass Limited
The company was established in the year 1984. Asahi India Glass Limited is one of the leading manufacturers of the country. The company is known for its quality, innovation and prolific products. The company deals with the manufacture of Automotive, Consumer, Architecture and Solar kind of glasses. The company is known as the pioneer of automotive industry. The company holds 70% of the share in this industry. The company owns 13 plants all over India. The market capitalization of the company is Rs3473 crore.
The glass industry in India is growing day by day. With the immense growth of the glass industry, the employment opportunities are also growing. The glass industry provides employment to many 30 lakh individuals. The glass industry also provides a hike in the economy of the country. The above given provides information about the top 10 glass manufacturers of the country.