India’s Piramal Glass is to expand its offering in the premium perfume sector thanks to a €30 million investment in its manufacturing capabilities. Greg Morris spoke to its Vice Chairman, Vijay Shah.
Piramal Glass has outlined how it will invest €30 million in its premium perfume manufacturing unit. The Indian glassmaker supplies the premium perfume glass bottle markets in Europe and the USA and has seen its market share grow at a rate of 20% a year recently. It will invest €15 million into its Kosamba, India container glassmaking site to add an extra three production lines to help meet the increased demand. It currently has three production lines for premium perfumery at the plant.