Top 7 Glass Products Manufacturing Companies in India
Introduction
Glass is a non-crystalline, often transparent amorphous solid formed majorly composed of silicon dioxide, calcium carbonate, and sodium carbonate. It is classified into annealed glass, heat-strengthened glass, tempered or toughened glass, and laminated glass. The glass industry outsources the different glass products as demanded in the construction industry, automobile industry, smartphone and television industry, and pharmaceutical industry. Based on the ingredients added to prepare, the final glass product can be soda-lime glass, borosilicate glass, crystal glass, or special glasses.
Glass products are a range of following types manufactured:
- Flat glass
- Container glass
- Glass fiber
- Scientific hollow glass
- Photonic glass components
- Glass beads, and
- Domestic glassware
Uttar Pradesh, West Bengal, Maharashtra, and Tamil Nadu are the main glass-producing states of India. The container glass market is dominating the glass sector market in India which is expected to grow at a cumulative annual rate of 6.78% during 2021-26. With the spike in public housing and private home construction during and post Covid-19 period, the demand for flat glass is projected to outgrow the container glass market at a cumulative growth rate of 7.9% for the forecast period 2022-2027.
List of the Top 7 Glass Products Manufacturers, Suppliers and Exporters in India
Based on the market capitalization of the glass industry in India in the glass and glass products sector, the top 7 glass manufacturers, suppliers, and exporters in India are briefly discussed below.
1- Asahi India Glass Ltd:
Asahi India Glass Ltd. established in 1986 is India’s largest glass maker. It has 12 plants or sub-assembling units that manufacture and process different glasses, 8 strategically located offices and engaging 4000+ employees. The company's corporate office is located in Gurugram, Haryana while its registered office is located in New Delhi. Asahi India Glass Ltd. provides customized and expert solutions to home and car owners. At 74% market share in the automotive glass maker, the company manufactures and supplies windscreens, side windows, rear windows, sunroofs, and other assembled glass products to Maruti Suzuki, Honda, Hyundai, Kia, Mahindra, Nissan, Renault, and MG. It is also the leading manufacturer and supplier of architectural, building, and construction glass products. The building glass products include float glass, energy-efficient glass, window glass, integrated blinds glass, reflective glass, environmental hazard resistant glass, and other designer glass products. The company stands in the market sharing a total revenue of ₹2457.48 crores and a net profit of ₹133.07 crores in FY2020-21. Major trading partners of Asahi India Glass Ltd. are the United States, Indonesia, Japan, China, Thailand, Belgium, and Germany.
2- Borosil Renewables Ltd:
Earlier known as Gujarat Borosil Ltd., Borosil Renewables Limited is India’s first and only manufacturer of solar glass and also provides expert services in solar glass technology. Pioneering in indigenous technology, the company also achieved the development of the world’s first fully tempered 2 mm thick solar glass, solar glass with the lowest iron content to give the highest glass efficiency, and the world’s first antimony-free solar glass. Therefore, solar glass products range includes low iron textured solar glass, “Shakti” matte finished solar glass, and so on. The company is also venturing into the wind-solar hybrid energy investment. The company market values at a revenue of ₹644.73 crores in FY 2021-22 and profit after tax for FY2021-22 was ₹165.85 crores.
3- Borosil Ltd:
Starting as Industrial & Engineering Apparatus Company Pvt Ltd. in 1962, Borosil presently functions under two listed companies, Borosil Ltd. and Borosil Renewables Ltd. Borosil Ltd. enjoys the patronage of a million customers across India and other nations. Being a reputed glass company, for over 50 years, Borosil Ltd. has stood as a trusted brand for high quality, perfect accuracy, and dependability in the field of science wherein it is the scientists’ first choice of laboratory borosilicate glassware, glass ampoules, and glass vials. Other consumer products include borosilicate glassware, drinkware, range storage, opal ware, stainless steel storage and appliances, and lab quest laboratory equipment. India’s Borosil network has over 150 dealers and 5 regional warehouses while also exporting to over 52 countries worldwide. The company revenue for FY 2021-22 was ₹774.10 crores with ₹77.48 crores profit after tax. Both companies of Bororsil exported products to over 79 countries.
4- La Opala RG Ltd:
La Opala Glass Pvt. Ltd was set up in 1987 as a pioneer in opal glass technology in India. It is also the first exporter of opal glass tableware driving it to be one of the top glass manufacturers in India. La Opala RG Ltd. is known for its three brands: La Opala, Diva from Classique, and Ivory Collection of La Opala and Solitaire. The company’s office is located in Kolkatta, West Bengal. The revenue in FY 2021-22 was ₹341.84 crores and profit after tax was ₹87.37 crores. The company’s products are mainly exported to East Asian and African countries.
5- Saint-Gobain India Pvt. Ltd:
Saint-Gobain India Pvt. Ltd, a subsidiary of Saint Gobain France offers automobile glazing solutions mainly to three-wheelers, passenger vehicles, and commercial vehicles, guaranteeing comfortable mobility experiences while contributing a safer integral part of the design, functions, and characteristics of modern vehicles. Other glass solutions are light, transparency, summer comfort, aesthetics, and UV protection solutions for homes. The company manufacturing unit is located in Chakan, Pune. The total revenue was ₹ 155.30 crores and profit after tax during FY 2021-22 was ₹47.69 crores. Major trading countries with Saint Gobain India Pvt. Ltd. are Thailand, China, Germany, Taiwan, and Belgium.
6- Sejal Glass Ltd:
Sejal Glass Ltd. was established in 1991 as a small glass retail shop, at present, the company expands its manufacturing facilities presence in Charkop, North Mumbai and Silvassa, Dadra, Nagar Haveli, and Daman and Diu. It is one of India’s top solid, sun and UV rays insulating, sound insulating, thermal insulting, bulletproof, fire-resistant, and decorative glass makers. Total revenue for FY 2021-22 was ₹24.50 crores with a ₹146.96 crores loss after tax.
7- Empire Industries Ltd:
It is initially known as Empire Dyeing Co. Ltd. which was inaugurated in 1963. It was in 1967 that Mr. S. C. Malhotra acquired Vitrum Pvt. Ltd. which is an established supplier of amber glass bottles and vitrum glass to pharmaceutical companies in India and other countries. Around 1.5 million glass bottles of 5ml to 500ml capacities are manufactured daily in a fully automated plant located in Vikhroli, Maharashtra. The clientele list includes famous pharmaceutical companies of GlaxoSmithKline Pharmaceuticals Ltd., The Chemical Industrial and Pharmaceutical Laboratories (Cipla), Cadila Healthcare, Pfizer Ltd., Merck Ltd, USV Pvt. Ltd., Abbott India Ltd., Dabur India Ltd., and Wardex Pharmaceuticals Pvt. Ltd. Its export market includes the U.S, Europe, South East Asia, Middle East, Africa, and South American countries. Revenue from vitrum glass was ₹125.58 crores in FY 2019-20.
Conclusion
Among the glass industries in India in the Glass and glass sector of the market, the names of the glass companies and their market capitalization share are illustrated in Figure 1. These companies manufacture different forms and compositions of glass, supply domestically, and export glass and glass products.
Figure 1: Top seven glass industries in India
Glass products in different shapes, form, and composition are highly demanded in the construction industry, packaging industry, and automobile industry.
FAQs: Glass Products
Q: How is glass formed?
Ans: Glass formation occurs by rapid cooling of a molten mass post the crystallization temperature with solidification starting at the glass transition temperature.
Q: What is the most common glass?
Ans: Soda-lime glass or soda-lime-silica glass accounts for 90% of manufactured glass. It is commonly used as flat glass for windows and container glass.
Q: What are special glasses?
Ans: For special technical and scientific applications, special glasses are manufactured according to requirements, for example for lens making, glass ceramics, and other electrical and electronics uses.
Q: What is annealed glass?
Ans: To increase the durability of the glass, glass is allowed to cool at a controlled rate, which prevents the accumulation of residual stress in the glass.
Q: What type of glass is used in automobiles?
Ans: Automobiles glass parts are made of two parts: windshields and other glass parts. Windshield glass is a laminated safety glass, which is a type of treated glass, typically consisting of two curved glass sheets laminating and bonding a plastic layer in the middle. Rear windows, and front and rear window glasses are made from tempered glass. Tempered glass is made by rapid heating and cooling processes, making it very brittle when upon impact, the glass will break into small pebble-like pieces.
Q: What are the uses of glasses with different compositions?
Ans: Soda-lime glass is commonly used in making sheet glass products for windows, food jars, bottles, and simple drinking glasses. Crystal glass is used to make drinking vases, glasses, ashtrays, bowls, and decorative ornaments. Borosilicate glass is used in making heatproof and chemical-proof glassware. Special glass is used for making lenses, glass ceramics, and other electrical and electronics glassware.