Piramal Glass Limited

Business Summary :

Piramal Glass is a global leader in delivering world-class packaging solutions for the perfumery and pharmaceuticals businesses. Piramal Glass Limited offer an entire gamut of flacconage solutions under one umbrella, making us a one-stop-shop for all the needs of our customers. Our end-to-end flacconage solutions include full bottle design capabilities, in-house mould design, CNC machines for mould manufacturing, high quality glass manufacturing and dedicated ancillaries for decoration and accessories like caps, cartons and brushes. Piramal Glass is one of the largest manufacturers of flacconage glass for the pharmaceuticals and perfumery businesses today, with an installed capacity of 1,115 tonnes per day, and sales of more than $200 million worldwide. Piramal Glass Limited also manufacture glass bottles for specialty food and beverages. Piramal Glass has invested more than $110 million in creation of significant new capacity, and is among the top five manufacturers of perfumery bottles in the world. Piramal Glass has a large geographic footprint, with a sales and distribution presence in most major markets across the globe. Our significant marketing presence in Europe, USA and South America enables us to build more intimate relationships with customers, and respond to their needs quickly and efficiently. Flacconage is a labour and skill intensive industry. Though the manufacturing of glass itself is highly automated, critical functions such as quality control need large teams of skilled professionals. Not surprisingly, the total cost of production in India, where manpower is among the cheapest in the world, is less than half of that in France and almost half of that in the US (Source: Mckinsey). With manufacturing facilities in India and Sri Lanka, Piramal Glass is able to produce glass at significantly lower costs than its competitors in other parts of the world and deliver a sustainable cost advantage to customers.