Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
post

PG Technoplast Inaugurates AC Manufacturing Facility In Ahmednagar

- Advertisement -

The facility is manufacturing all kinds of split ACs ranging from 0.75T to 2.0T with installed annual capacities of 1.5 million IDUs and 1 million ODUs

PG Electroplast Limited (PGEL)’s arm PG Technoplast has inaugurated its flagship AC Manufacturing facility in Supa, Ahmednagar.

The factory, which began commercial production earlier this year in January, is the first greenfield facility to come online under the white goods production-linked incentive (PLI) scheme. 

- Advertisement -

PG Technoplast Private Limited had received government approval under the Production Linked Incentive (PLI) scheme for white goods under the air conditioner components category in November 2021. The company had committed a capex of Rs 321 crores over five years through this initiative.

The facility is manufacturing all kinds of split ACs ranging from 0.75T to 2.0T with installed annual capacities of 1.5 million IDUs and 1 million ODUs.  

Vikas Gupta, Managing Director (Operations), PGEL said, “The major hallmarks for success in our industry are cost, quality, and delivery. This facility has one of the largest capacities for ACs and AC components in Western India, and is one of the most backwards integrated in the nation. We are proud that we have been able to meet the RAC industry’s expectations well and have been able to get orders from many leading Indian and multinational brands within our first year of operations.”

PGTL has invested Rs160 crore in operationalizing Phase 1 of the project and has created over 1,000 new jobs. The facility is manufacturing Room AC Indoor Units, Outdoor units, plastic moulded components, painted sheet metal components, heat exchangers, cross flow fans, and is in the process of setting up manufacturing capabilities of PCB controllers for various Consumer Electronics applications.

Spread over 300,000 feet the facility has been designed to be sustainable, with several elements to reduce environmental impact. The facility will have a 1.47 MW solar plant, water conservation facilities, and integrated facility management systems to reduce plastic, corrugated and paper waste generation.

- Advertisement -

Most Popular Articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here
Captcha verification failed!
CAPTCHA user score failed. Please contact us!

Exclusive

Union Budget 2024-25: What Can The Electronics Sector Expect?

0
Focusing on localisation in the electronics ecosystem, the first Union Budget post-elections has revamped customs duties on raw materials and equipment, extending support for...

“ST SiC Optimises The Performance Of EV Applications”

0
STMicroelectronics plans to introduce Silicon Carbide (SiC) and Gallium Nitride (GaN) for the electric vehicle ecosystem in India. In an interview with Francesco Muggeri...

Electric Construction Machines Forecast $126 Billion Market Growth

0
IDTechEx's report on electric construction machines aims to boost industry growth, forecasting a US$126 billion market by 2044 with ongoing advancements in technologies and...

Buzz

Budget 2024 Benefits EV And Auto Component Manufacturers

0
Budget 2024 includes a Rs 100 crore no-collateral credit guarantee, an increase in Mudra loans from Rs 10 lakh to Rs 20 lakh, and...

Budget 2024-25: Mission To Enhance EV Battery Production

0
Lithium, copper, cobalt, and nickel, essential minerals for e-mobility and renewable energy, are not subject to customs duty. Finance Minister Nirmala Sitharaman announced the establishment...

Tata Elxsi Partners With Wind River For Software-Defined Vehicles

0
This partnership between Tata Elxsi and Wind River boosts productivity and efficiency in software workflows by utilizing scalable cloud resources to advance software-defined vehicle...

Important Sectors

Budget 2024 Benefits EV And Auto Component Manufacturers

0
Budget 2024 includes a Rs 100 crore no-collateral credit guarantee, an increase in Mudra loans from Rs 10 lakh to Rs 20 lakh, and...

Budget 2024-25: Mission To Enhance EV Battery Production

0
Lithium, copper, cobalt, and nickel, essential minerals for e-mobility and renewable energy, are not subject to customs duty. Finance Minister Nirmala Sitharaman announced the establishment...

Tata Elxsi Partners With Wind River For Software-Defined Vehicles

0
This partnership between Tata Elxsi and Wind River boosts productivity and efficiency in software workflows by utilizing scalable cloud resources to advance software-defined vehicle...

Budget Leaves EV Sector Hanging, FAME III Pending

0
A source familiar with the matter mentioned that the third edition of the FAME scheme is currently being developed, though it has yet to...

Bosch To Acquire Johnson Controls, Hitachi’s HVAC Unit For $8B

0
The deal encompasses 16 manufacturing facilities and 12 engineering sites across over 30 countries. Bosch intends to acquire the global HVAC solutions business for residential...

Manufacturing

Budget 2024 Benefits EV And Auto Component Manufacturers

0
Budget 2024 includes a Rs 100 crore no-collateral credit guarantee, an increase in Mudra loans from Rs 10 lakh to Rs 20 lakh, and...

Budget 2024-25: Mission To Enhance EV Battery Production

0
Lithium, copper, cobalt, and nickel, essential minerals for e-mobility and renewable energy, are not subject to customs duty. Finance Minister Nirmala Sitharaman announced the establishment...

Union Budget 2024-25: What Can The Electronics Sector Expect?

0
Focusing on localisation in the electronics ecosystem, the first Union Budget post-elections has revamped customs duties on raw materials and equipment, extending support for...

India’s Roadmap To Becoming A Global Leader In Electronic Manufacturing: Policies, Progress, And Prospects

0
India's electronic manufacturing sector is poised for significant growth in the coming years, driven by ambitious government initiatives and strategic economic policies. Currently employing...
Mother-board-electronic-components

MeitY Announces $350 Billion PLI Plan To Boost Electronics Sub-Assemblies

0
MeitY announces allocation of $350 billion for a new PLI scheme, aiming to make India a global hub for electronics components and boost exports...