Hindustan National Glass & Industries Ltd - HNGIL

Inorganic growth
� January 2002
◊ Acquired Owens Brockway India Ltd, a subsidiary of
Owens Illinois, USA.
◊ Capacity acquired: 700 Tpd (plants at Puducherry and
Rishikesh).
◊ Closed the 3 rd plant of the Company at Pune, since
� October 2005
commercially not viable.
◊ Acquired loss making unit of Larsen & Toubro
◊ Capacity acquired: 320 Tpd (at Nashik)
� October 2007
– Acquired the assets Container Glass division of Haryana
Sheet Glass.
– Capacity acquired: 180 Tpd (at Neemrana)
Successful turnaround of loss making businesses – demonstrates strong
management capabilities
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