PGP Glass has outlined how it will invest €30 million in its premium perfume manufacturing unit.
The Indian glassmaker supplies the premium perfume glass bottle markets in Europe and the USA and has seen its market share grow at a rate of 20% a year recently. It will invest €15 million into its Kosamba, India container glassmaking site to add an extra three production lines and meet the increased demand. PGP Glass Vice Chairman Vijay Shah said the company would increase its furnace capacity by 40 tonnes to 140t/day during works to be held in Spring next year.