AGI Greenpac Limited has announced the groundbreaking ceremony for its new ₹1,000 crore aluminium beverage can manufacturing facility in Hathras, Uttar Pradesh, marking a major expansion into India’s fast-growing aluminium packaging market.

The company disclosed the development through a press release submitted to stock exchanges under Regulation 30 of SEBI’s Listing Obligations and Disclosure Requirements.

The project is expected to significantly strengthen AGI Greenpac’s position in India’s packaging industry and expand its presence beyond glass packaging into aluminium beverage cans.

Large-scale greenfield manufacturing project

The new facility is being developed as a greenfield manufacturing project spread across 34 acres in Hathras.

According to the company, the plant will feature:

• Advanced high-speed production technology
• Multi-format can manufacturing capability
• Scalable production architecture
• Sustainability-focused infrastructure
• Global manufacturing standards

The facility is expected to begin operations in the first half of 2027.

Initial production capacity

At launch, the Hathras plant will operate with:

• Two advanced production lines
• Combined capacity of 1.6 billion cans annually
• Initial targeted production output of 1.3 billion cans per year

The company stated that the facility has been designed for future expansion.

Each production line can later be upgraded to produce:

• 1 billion cans per line

This would take the plant’s total annual production potential to:

• More than 2 billion cans annually

Focus on multiple beverage can formats

The facility will manufacture a wide range of aluminium beverage cans for different categories of drinks.

These include:

• Standard cans
• Sleek cans
• Slim cans

The products will cater to sectors such as:

• Carbonated soft drinks
• Beer
• Energy drinks
• Ready-to-drink beverages

The company said the flexible manufacturing setup will allow it to adapt to changing consumer preferences and beverage industry requirements.

Why aluminium cans are gaining importance

Aluminium beverage cans are witnessing rising demand in India due to several market trends:

Premiumisation

Consumers are increasingly shifting toward premium beverage products that commonly use aluminium can packaging.

Urban consumption growth

Growing urbanisation and lifestyle changes are boosting demand for ready-to-drink and convenience beverages.

Sustainability push

Aluminium is considered one of the most recyclable packaging materials globally.

The material can be recycled repeatedly without losing quality, making it attractive for brands focusing on environmental sustainability and circular economy goals.

Sustainability at the core of the project

AGI Greenpac said sustainability has been integrated into the design and development of the Hathras facility.

The company aims to achieve:

• Platinum Green Building certification

This is among the highest environmental standards under India’s green building framework.

The plant will include features focused on:

• Energy optimisation
• Resource efficiency
• Responsible manufacturing
• Sustainable operations

The company highlighted that aluminium’s infinite recyclability aligns with the increasing sustainability targets of global beverage brands.

Strategic location advantage

The location of the facility in Uttar Pradesh is expected to provide several logistical and operational benefits.

According to the company, the plant’s positioning offers proximity to major consumption markets across:

• North India
• Central India

This could help improve:

• Delivery timelines
• Supply chain efficiency
• Customer servicing
• Logistics costs
• Inventory management

The benefits are especially important for beverage companies operating in fast-moving supply environments.

Synergy with existing glass packaging business

AGI Greenpac already has a strong presence in India’s container glass packaging market through AGI Glaspac.

The company believes the aluminium can business will create cross-segment opportunities with existing beverage customers.

This may help AGI Greenpac position itself as an integrated packaging solutions provider offering:

• Glass packaging
• PET bottles
• Security closures
• Aluminium beverage cans

The broader packaging portfolio could strengthen customer relationships with beverage manufacturers across India.

CEO Rajesh Khosla comments on expansion

Commenting on the development, Rajesh Khosla, CEO of AGI Greenpac Limited, said the investment reflects the company’s confidence in India’s growth opportunities and the future of the domestic packaging industry.

He stated that the project represents the company’s commitment to:

• Future-ready manufacturing infrastructure
• Operational efficiency
• Sustainable manufacturing
• Improved logistics capabilities
• Long-term industry growth

He also noted that the project is expected to contribute to regional economic development in Uttar Pradesh.

India’s aluminium can market growing rapidly

India’s aluminium beverage can manufacturing industry is currently estimated at approximately:

• 3.9 billion cans annually

Industry estimates suggest the sector could continue growing at a double-digit pace in the coming years.

Key drivers include:

• Expansion of beverage consumption
• Rising disposable incomes
• Growth in energy drink and ready-to-drink categories
• Sustainability-focused packaging demand
• Premium product launches

This growing market opportunity is encouraging major packaging companies to expand capacity and invest in advanced manufacturing facilities.

AGI Greenpac enters fast-growing segment

The aluminium can segment represents a new growth avenue for AGI Greenpac.

The company believes its long-standing manufacturing experience and established customer relationships provide a strong platform for expansion.

AGI Greenpac highlighted that it has:

• Six decades of manufacturing expertise
• Strong operational capabilities
• Precision manufacturing experience
• Existing relationships with major beverage companies

These factors may support a smoother entry into the aluminium packaging market.

Importance for Uttar Pradesh industrial growth

The investment is also significant from a regional development perspective.

Large industrial projects such as this can contribute to:

• Employment generation
• Local manufacturing activity
• Infrastructure development
• Supply chain ecosystem growth
• Industrial investment in the state

Uttar Pradesh has been actively attracting manufacturing investments across sectors through industrial and infrastructure initiatives.

Packaging industry transformation underway

India’s packaging sector is currently undergoing major transformation due to:

• Sustainability regulations
• Consumer preference changes
• Premiumisation trends
• Growth in organised retail
• Expansion of e-commerce
• Increased beverage consumption

Packaging companies are increasingly focusing on:

• Lightweight packaging
• Recyclable materials
• Energy-efficient manufacturing
• Scalable production systems

The move into aluminium beverage cans aligns with these broader industry trends.

Investor perspective on the announcement

Large-scale capacity expansion announcements are often closely watched by investors because they indicate:

• Long-term business growth strategy
• Confidence in future demand
• Revenue diversification
• Market expansion plans
• Industry positioning

The ₹1,000 crore investment highlights AGI Greenpac’s intention to become a significant player in the aluminium beverage packaging segment.

About AGI Greenpac

AGI Greenpac Limited is one of India’s leading integrated packaging products companies.

Its product portfolio currently includes:

• Container glass
• Speciality glass
• PET bottles
• Anti-counterfeiting security closures
• Aluminium beverage cans

The company serves more than 500 institutional clients and operates manufacturing facilities across multiple locations in India.

AGI Greenpac is also the parent company of AGI Glaspac, a major listed glass packaging business in India.

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