USL will invest about 600 billion rupees to set up a glass manufacturing plant. USL is the largest user of glass bottles . The development of the Indian glass industry is mostly contributed by these large companies, such as HNG.
Ravi Nedungadi, president and financial executive of UB Group, said, “We plan to invest 600 billion rupees for glass bottle production. We are now negotiating light technology business overseas. Once we are finalized, we will start implementing the business immediately.†USL controls 55% Wine industry. USL is experiencing a healthy and rapid growth process.
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