Sezal Glass announces massive expansion plans [Dec 2011]

Sezal Glass announces massive expansion plansOne of the leading Indian players in the architectural glass business, Sezal Glass, announced plans to further expand its value-addition glass business. “As a part of the expansion program, Sezal will invest about Rs.500 crore to expand its value-added glass business with manufacturing set ups spanning across the geographical limits of the country. The expansion plan would also be generating new employment opportunities”, a statement released by the company said.
The product profile following this investment will include manufacture of high quality, value-added glass products like security glass, safety glass, fire resistant glass, acid patterned glass, bullet proof glass and manufacturing of other glass products- patterned and solar glass.
“Taking into consideration aspects such as climate, safety and aesthetics the demand for high quality; value-added glass is rapidly increasing in India. The value-added glass business today is roughly about Rs.2,000 crore and is increasing at the rate of 30 per cent per annum. With this expansion plan underway we will have a 15 per cent market share of the value added glass business in a span of next three to five years.” stated Dhirraj S Gada, Joint Managing Director of the company.

2