PG Electroplast to Invest ₹1,000 Crore in New Manufacturing Facility at Andhra Pradesh’s Sri City.

PG Electroplast Ltd, through its wholly owned subsidiary PG Technoplast Pvt Ltd, announced plans to set up a large-scale manufacturing facility in Sri City, Andhra Pradesh, with a total investment of around ₹1,000 crore.

The company has acquired a 50-acre land parcel in Sri City to develop an integrated manufacturing campus as part of its expansion strategy.

The investment will be phased over five years, starting with the establishment of a refrigerator manufacturing plant with an annual production capacity of 1.2 million units. Commercial production from the new facility is expected to begin by December 2026.