Indian Container Glass Sector Set For Rapid Expansion

After a subdued two year period, Indian glass container manufacturers are preparing to meet the increased consumption demand from different end users on the back of robust economic growth in the first six months of 2016. Installed capacity in India is around 110/tpd and the industry is composed of four large, 11 medium and an equal number of small scale producers. This article reports that India is emerging as one of the most important container glass markets in the world due to its market size, large population and potential for future growth.