Sezal Glass' new manufacturing facility will enable the delivery of products in time and within customers' budget.
The company has modern manufacturing facilities in Union Territory of Dadra Nagar Havelli, District Silvassa.
With the new facility, the company proposes to shorten the lead time, thereby enabling delivery of products in time and within customers' budget. The company, which is debt-free with adequate cash reserve for its future course of growth, will use its reserves to fund the project.
Sezal Glass recently sold its float glass business to Saint-Gobain Glass India, a wholly-owned subsidiary of France-based Compagnie De Saint Gobain for a consideration of INR 686 crore.
Amrut S. Gada, Chairman and managing director, said the company plans to invest INR 500 crore in next five years to set up manufacturing units in major metros, tier II and III cities.
The product profile will include high quality value-added glass products such as security glass, safety glass, fire resistance glass, acid patterned glass, bullet proof glass and manufacturing of other glass products – patterned and solar glass.