In a landmark move for India’s engineering and manufacturing sector, Standard Glass Lining Technology Limited (SGLTL), a prominent player in industrial engineering and a recently listed entity on NSE and BSE, has joined hands with Japan’s AGI Group and its affiliate GL HAKKO, globally recognized for their pioneering work in glass-lined technologies. This strategic partnership ushers in a new era of industrial capability for India by introducing the world’s first glass-lined shell and tube heat exchangers to be manufactured domestically.

The 20-Year Exclusive License Agreement

As per the agreement, SGLTL has secured a 20-year exclusive license to assemble and market GL HAKKO’s cutting-edge glass-lined shell and tube heat exchangers within India. This development is particularly momentous as, until now, this specialized equipment was exclusively imported, adding to the cost and procurement time for Indian process industries.

At the signing ceremony, Mr. Nageswara Rao Kandula, Managing Director of SGLTL, emphasized the transformative nature of this collaboration:

“This is a golden opportunity for Indian pharmaceutical and chemical industries. We are honored to collaborate with AGI and GL HAKKO, who bring over 75 years of innovation in glass technology.”

Global Market and Domestic Potential

The glass-lined heat exchanger segment is poised to revolutionize industries plagued by aging infrastructure. Graphite heat exchangers, currently prevalent across India’s chemical and pharma plants, are prone to particle contamination, batch failures, and operational inefficiencies.

Glass-lined alternatives offer a superior value proposition, including:

• Corrosion resistance

• Longer equipment life

• Improved process safety

• Reduced downtime and maintenance costs

The domestic market is estimated at ₹2,000 crore, with an even larger global opportunity exceeding $2 billion. Recognizing the vast potential, SGLTL has already received 150 advance orders ahead of its manufacturing commencement, which is scheduled for Q4 FY26.

State-of-the-Art Manufacturing Facility

To meet the upcoming demand, SGLTL is setting up a highly mechanized and world-class facility designed for the assembly and production of this advanced equipment. The new plant will be capable of producing up to 200 units per month, ensuring that India becomes a key exporter and innovation hub for this technology.

Mr. Nagesh remarked:

“We are committed to making India a global center for glass-lined heat exchanger technology.”

Introducing Conductivity Glass-Lined Reactors – A Safety Milestone

In a second exclusive agreement with GL HAKKO, SGLTL will also begin manufacturing Conductivity Glass-Lined Reactors, marking another first for India. These reactors are specifically engineered to safely discharge static electricity, a common yet hazardous issue in pharmaceutical and chemical process environments.

This new product directly addresses plant safety concerns, offering:

• Instant static discharge

• Prevention of electrical hazards

• Increased operational safety for explosive or volatile processes

Mr. Nagesh explained:

“With conductivity reactors, we are giving our customers a unique and much-needed safety solution. This is yet another step in ensuring that our customers' plants remain efficient, safe, and productive.”

A Trusted Partnership with AGI Group

AGI Group, with decades of leadership in glass lining and process equipment, brings immense value to this partnership—not only as a technology licensor but also as a major stakeholder.

Mr. Yasuyuki Ikeda, Group CEO of AGI, praised SGLTL's vision:

“We are proud to be the second-largest shareholder in Standard Glass. Mr. Nagesh’s engineering leadership and his ambition to eliminate graphite-related process failures made us confident in this collaboration.”

He added:

“Standard Glass is truly an engineering supermarket, capable of delivering 90+ products under one roof. This partnership is designed to last across generations, supporting the Indian industry in its journey toward self-reliance and global excellence.”

Revolutionizing Indian Industry Standards

With the launch of these two products—glass-lined shell and tube heat exchangers and conductivity glass-lined reactors—Standard Glass is setting new benchmarks in industrial equipment, especially for pharmaceutical, chemical, and process industries in India.

The move aligns well with the Indian government’s Make in India and Atmanirbhar Bharat initiatives, reducing dependency on imports and creating advanced local manufacturing capabilities.

Impact on Indian Pharma and Chemical Sectors

These sectors have long faced operational risks due to aging technology. By introducing modern glass-lined solutions, SGLTL is addressing key pain points such as:

• Frequent equipment failures

• Product contamination

• High downtime and replacement costs

• Safety vulnerabilities due to static discharges

SGLTL's offerings will help pharma and chemical firms boost operational efficiency, reduce process failures, and align with international safety and quality standards.

A Vision for Long-Term Growth

This collaboration is more than a business agreement—it’s a vision for industrial transformation. By combining AGI Group’s global expertise with Standard Glass’s local manufacturing capabilities, the partnership aims to reshape how critical equipment is made and used in India.

Conclusion

In essence, the partnership between Standard Glass Lining Technology Limited and AGI Group is a game-changing development for India’s industrial landscape. The introduction of glass-lined shell and tube heat exchangers and conductivity glass-lined reactors will not only reduce import dependence but also propel India into a leadership role in this high-tech segment.

These innovations are expected to enhance plant performance, improve worker and equipment safety, and strengthen India’s manufacturing exports.

For India’s chemical, pharmaceutical, and engineering sectors, the future is glass-lined, safe, and made in India.

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