Gupta emphasizes commitment to delivering energy-efficient cooling solutions
PG Technoplast Private Limited has started manufacturing air conditioners from new facility at Bhiwadi, Rajasthan, to meet the growing demand for energy-efficient and sustainable cooling solutions in India.
The investment in new 200,000 sq ft facility is also to expand the company’s footprint in the rapidly growing air conditioning market.
PG Electroplast Limited Managing Director (Finance) Vishal Gupta said on 26 Apr, “Today marks a noteworthy milestone for PG as we inaugurate our second integrated air conditioning manufacturing facility in Bhiwadi.
“This facility emphasizes our commitment to delivering high-quality, energy-efficient cooling solutions that cater to the evolving needs of Indian consumers. With this expanded capacity, we intend to lead innovation in the landscape of Room ACs and capture a larger portion of the North Indian AC manufacturing market. This achievement is a reflection of our dedication to excellence and our vision for a greener future.”
The brand-new facility manufactures a comprehensive range of split ACs ranging from 0.75T to 2.0T with installed annual capacities of 360k AC Indoor Units, 360k AC Outdoor Units and 250k Window ACs. Its production capabilities, including the manufacturing of AC units, cover sheet metal components, powder coating plant, heat exchangers, and copper tubing systems. This unit will create additional employment for over 1,000 people.
The facility is designed with sustainability at its core. It features a state-of-the-art Learning Centre to educate apprentices and trainees to nurture the next generation of manufacturing talent and provide continuous on-the-job training to company’s stakeholders. It also features water conservation and integrated facility management systems to reduce plastic, corrugated, and paper waste generation.
Marking yet another significant achievement this month, PG Technoplast, became the first beneficiary to receive incentives under the air conditioning (AC) components target segment of the government’s Production Linked Incentive (PLI) scheme, after being recognized for their incremental investment and sales performance during the fiscal years 2021-22 and 2022-23. PG has now firmly established itself as the second largest ODM for Room Air Conditioners in the nation having entered the category just 3 years ago in 2021.
PG Electroplast (NSE:PGEL) is a trusted one-stop solution provider for Electronic Manufacturing Services (EMS) and contract manufacturing catering to 70+ leading consumer durable, electronics, sanitaryware and automotive brands in India.
Driven by a diverse team of 5000+ employees at 11 facilities, the company has one of the largest capacities for Plastic Injection moulding and capabilities across the value chain in Original Equipment Manufacturing (OEM) and Original Design Manufacturing (ODM) for products like Room Air Conditioners, Washing Machines, Air-Coolers and LED TVs. Fiinews.com
