Demand for glass from the beverage sector, infrastructure and the real estate sector has provided a boost to its market in India. It is expected to have a CAGR of 14.78% in the next five years. Glass industry is primarily categorized into float (used in real estate and automobile sector), container (used in beverage, cosmetics, etc) and other (used in optical and lens industry).
The top 10 glass companies in India 2013 based on the net sales as per the latest P/L.
10. Gujarat Borosil Ltd
Promoted by Borosil Glassworks Limited, its manufacturing plant is located in Bharuch. It has been the largest exporter of finest quality sheet glass in the country. It is the first glass manufacturer in the country to produce low iron solar glass used in Photovoltaic cells.