Large float glass manufacturers in India have decided to expand their production capacities to make the most of the sector's double-digit growth in the past five years. An example of this is Nasir Group, which has a 70% market share, and is setting up its second manufacturing unit for almost Tk 1,200 Crore. PHP Float Glass has also planned to double production capacity to 300/tpd. The float glass market, worth around Tk 15,000 Crore/pa, is relatively new in the country. Before Nasir Group and PHP entered the market in 2005 and 2006 respectively, the product was imported on a small scale. The demand for float glass, mainly used in buildings, now stands at around 15,000/tonnes per month, which ten years ago was just 200/tonnes per month. In the next five years demand is expected to rise to 30,000/tonnes per month. Around 60% of Nasir Group's float glass is now consumed outside of Dhaka, including rural Bangladesh, compared to about 10-15% five years ago. Nasir's new factory will be located in Mirzapur, Tangail, and will produce 800/tpd. Its existing factory in Gazipur also saw its production capacity double recently to 500/tpd.
