HNGIL Capacity Expansion: ₹500 Crore Investment Plan

Hindusthan National Glass & Industries Ltd (HNGIL) plans to invest ₹300-500 crore over the next five months to expand manufacturing capacity and meet orders, as the container glassmaker seeks to return to profitability after a change in ownership and a prolonged capacity decline. The Mumbai-based company, now part of the Africa-based Madhvani-Turner Group, has already…