Hindusthan National Glass & Industries

What Hindusthan National Glass & Industries does

Hindusthan National Glass & Industries (HNGIL) is India's largest container glass manufacturer, founded in 1946 and headquartered in Mumbai. The company operates seven manufacturing plants across India with a combined installed capacity of 4,300 tonnes per day, backed by 13 furnaces, 62 individual-section (IS) forming machines, and 17 printing lines. Its product portfolio spans four end-use categories: Food & Beverage, Pharmaceutical, Beer & Liquor, and Household & Cosmetics glass containers — supplying bottles and jars in clear, amber, and specialty glass specifications.

The company's business model is a B2B contract-manufacturing model in which HNGIL sells container glass directly to branded customers under multi-year supply arrangements. Customers include global pharmaceutical majors (Pfizer, Cipla, Dr. Reddy's, GSK, Bayer, AstraZeneca, Ranbaxy, Dabur, Himalaya, Baidyanath), large FMCG and dairy companies (PepsiCo, Coca-Cola, ITC, Nestlé, Cadbury, Amul, Britannia, Godrej, Marico, Parle), and beer/liquor producers (United Breweries, Mohan Meakin, Pernod Ricard). Revenue is generated on a per-piece or per-tonne basis under negotiated contracts; pricing is volume-linked and passes through energy and input-cost escalations via contractual mechanisms.

HNGIL is listed on the BSE (515145), NSE (HINDNATGLS), and Calcutta Stock Exchange. The company entered the Corporate Insolvency Resolution Process in October 2021 and in September 2025 was acquired by INSCO, an entity backed by the Madhvani Group, for INR 2,250 crore, with a new board led by Chairman Shrai M. Madhvani and Managing Director Kumar Krishnan. The business is mid-turnaround following a four-year restructuring, with operating scale, blue-chip customer rosters, and 40%+ domestic market share as the principal assets being stabilized under the new promoter group.

Name

Hindusthan National Glass & Industries

Legal name

Hindusthan National Glass & Industries Limited

Website

http://www.hngil.com/

Company type

Public

Founded year

1946

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

Hindusthan National Glass & Industries is India's largest container glass manufacturer, producing bottles and jars for pharmaceutical, food & beverage, beer & liquor, and cosmetics customers across seven plants with 4,300 TPD capacity.

Ownership category

akta.pro rank

Product category

Container Glass Manufacturing

NAICS

Glass Container Manufacturing (327213), Glass and Glass Product Manufacturing (32721), Other Pressed and Blown Glass and Glassware Manufacturing (327212)

SIC

Glass Containers (3221), Glass & Glassware, Pressed Or Blown (3220)

akta.pro primary industry

Food & Beverage Glass Packaging (Beer, Wine, Spirits, Soft Drinks, Water) (IMALAEAA)

akta.pro secondary industries

Pharmaceutical & Medical Glass Packaging (Vials, Ampoules, Syringes) (IMALAEAB), Cosmetics & Perfumery Glass Packaging (Fragrance Bottles, Cosmetic Jars) (IMALAEAC), Wide-Mouth & Storage Glass Packaging (Canisters, Utility Jars) (IMALAEAI)

Keywords

• Glass container manufacturing
• Pharmaceutical glass packaging
• Beverage glass bottles
• Beer and liquor glass packaging
• Container glass solutions

Headquarters

HQ city

Kolkata

HQ country

India

HQ region

Asia

Offices8 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Operations, Supply Chain, Personnel, Infrastructure, Technology or R&D, Marketing or Sales, Others

Revenue model

1. Glass Container Manufacturing & Sales: Manufacturing and sale of glass containers for pharmaceutical, food & beverages, and consumer goods industries. Revenue generated through direct sales of custom-manufactured glass containers based on customer specifications, bulk orders, and long-term supply contracts.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels1 record

Core offering

HNGIL manufactures and supplies a complete portfolio of glass containers across four categories — Food & Beverage, Pharmaceutical & Wellness, Beer & Liquor, and Household & Cosmetics — through seven manufacturing plants in India with a combined installed capacity of 4,300 tonnes per day. The company sells custom-manufactured glass containers directly to enterprise customers in pharmaceuticals, FMCG, beverages, and liquor (including Pfizer, Cipla, PepsiCo, Coca-Cola, Nestlé, and United Breweries) under multi-year supply contracts. Decorative printing, branding, and turnkey packaging design are delivered as part of the offering.

Product overview

Hindusthan National Glass & Industries (HNGIL) is India's market leader in container glass industry with over 40% market share, offering a complete packaging solution across four main product categories: Food & Beverage, Pharmaceutical & Wellness, Beer & Liquor, and Household & Cosmetics. The company operates 7 manufacturing plants across India (Rishra, Bahadurgarh, Rishikesh, Neemrana, Sinnar, Naidupeta, and Puducherry) with total installed capacity of 4300 TPD across 13 furnaces and 62 IS machines.

Differentiator

Problem solved

Functional benefit

Products and services

• Food & Beverage Glass Containers Glass containers for food and beverage packaging, made from 100% natural sustainable raw materials, completely recyclable and nonporous to preserve flavor and freshness. Manufactured for enterprise FMCG and food companies for beverages, edible oils, spices, condiments, and processed foods.
• Pharmaceutical & Wellness Glass Containers Glass containers for pharmaceutical and wellness packaging including amber bottles for medicines, syrups, injectables, and healthcare products. HNGIL dedicates 4 furnaces and 16 lines to amber bottle production with 1360 TPD installed capacity, serving major pharmaceutical companies in India.
• Beer & Liquor Glass Containers Glass bottles for beer and liquor packaging serving major beverage and alcohol brands in India, including premium spirits and wine bottles for breweries and distilleries.
• Household & Cosmetics Glass Containers Glass containers for household and cosmetics packaging including tumblers, jars, and bottles for cosmetic products, supplying cosmetics, personal care, and household care companies.

Quantifiable outcome

• 4300 tonnes per day glass production capacity
• +3 more outcomes

Named customers23 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Six partnerships are on record, tiered core.

• Emhart GlasscoreTechnology or IntegrationGlobal glass manufacturing technology provider supplying advanced glass forming equipment and machinery for container production
• BotterocoreTechnology or IntegrationLeading glass processing and manufacturing technology company providing equipment for glass container production lines
• SORGcoreTechnology or IntegrationGlass furnace and melting technology specialist providing advanced furnace solutions for glass manufacturing
• Heye InternationalcoreTechnology or IntegrationGlass container manufacturing technology specialist providing IS machine technology and production solutions
• LindecoreTechnology or IntegrationGlobal industrial gases company supplying oxygen, nitrogen, and other gases essential for glass melting and manufacturing processes
• Air LiquidecoreTechnology or IntegrationLeading industrial gases supplier providing oxygen and other atmospheric gases required for glass furnace operations and production

Scale indicators6 records

Recent moves10 records

Expansion highlights5 records

Broad incumbents

• Verallia: European leader in glass packaging for beverages and food; directly comparable production technology and customer end-markets, especially in beer and premium spirits.
• Owens-Illinois (O-I Glass): World's largest container glass manufacturer; historic competitor to HNGIL (Owens Brockway India was acquired by HNGIL in 2002) and sets global benchmarks in beer, F&B, and spirits glass.
• Saint-Gobain: Global materials group with significant glass packaging operations; comparable manufacturing footprint, sustainability credentials, and diversified customer base across construction, automotive, and packaging glass.
• Ardagh Glass Packaging: Major global container glass producer serving food, beverage, and beer markets; comparable scale, customer base, and product mix to HNGIL's beer/F&B verticals.
• Şişecam (Sisecam / Trakya Cam): Turkish global glass major and former JV partner in HNG Float Glass; competes globally in container glass, flat glass, and glassware with overlapping product categories.

Direct peers

• Piramal Glass: Specialty glass packaging manufacturer serving pharmaceuticals, cosmetics, and perfumery globally; comparable pharmaceutical and cosmetics glass portfolio overlap with HNGIL.
• Schott AG: Global specialty glass manufacturer with strong pharmaceutical vials/ampoules and cosmetics glass businesses; comparable high-quality pharma and specialty glass packaging offerings.
• AGI Greenpac: India's leading container glass and PET packaging manufacturer; directly competes with HNGIL in pharma, F&B, and cosmetics glass packaging and was the unsuccessful rival bidder in HNGIL's CIRP.
• Gerresheimer AG: Global manufacturer of pharmaceutical, cosmetic, and food glass and plastic packaging; competes directly with HNGIL in pharma vials, bottles, and specialty glass containers.
• Saverglass: Specialist producer of premium and super-premium glass bottles for spirits and wine; comparable in HNGIL's beer/liquor premium decorative-bottle segment.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• Xtwitter.com/HNGILofficial
• Facebookfacebook.com/HNGILofficial
• LinkedInlinkedin.com/company/hngilofficial
• Instagraminstagram.com/HNGILofficial

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 records

Subsidiaries2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Hindusthan National Glass & Industries