[India] Two New Float Glass Lines

India's Gold Plus Group is planning to set up two float glass lines in the next 3 to 4 years. The company will invest over INR 20bn for the new lines. Vivek Dubey, Marketing Head at the Group told Asian Glass "Currently, we can share the timeline for these projects, but we are at an advanced stage of planning" The expansion is targeted to capture growth which is expected to be boosted by government initiatives such as the announcement of 100+ "smart cities", development of airports, metros, large infrastructure projects, increased use of energy efficient materials in construction and high demand from the real estate replacement and the redevelopment market."