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Article: India : Glass manufacturer HNGI looks to build its presence overseas.
- Article from:
- TendersInfo
- Article date:
- August 21, 2009
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Byline: shiv03
India s largest manufacturer of glass used in bottles, Hindustan National Glass and Industries Ltd (HNGI), is looking to acquire container glass manufacturing companies in regions such as West Asia, South-East Asia and Africa.
We are in talks with three companies in these regions, and hopefully, something would materialize in the next couple of quarters, said the company s joint managing director Mukul Somany.
The company could even snap up more than one company, he added.
HNGI serves beverage makers both alcoholic and non-alcoholic pharmaceutical companies and food processors, and manufactures 50 million bottles a day.