AIS cuts import dependence with float glass plant, bets ₹2,700 crore on auto growth
Asahi India Glass (AIS) invested ₹1,400 crore in a new float glass plant in Rajasthan, which now supplies nearly 60% of its automotive float glass needs, reducing import dependence. This facility is part of AIS's broader strategy, having invested ₹2,700 crore in its automotive business over five years, anticipating India's passenger vehicle market to grow to 6–7 million units by 2030. The plant enhances AIS's supply chain security and supports increasing vehicle production in India.