Top Glass Manufacturing Companies in India 2022

Here is the List of Top Glass Manufacturing Companies in India in the Year 2021. Based on Market Share Asahi India Glass in the largest Glass company in India. It commands over 70% market share in the Indian passenger car glass market.

List of Top Glass Manufacturing Companies in India

This is the List of Top Glass Manufacturing Company in India which is sorted out based on the Total Sales. The list was in Descending Order

4. Saint-Gobain Sekurit India Ltd

Saint-Gobain Sekurit supplies automotive glazing and modular components for the global vehicle manufacturing segment and the replacement market. The Company is present in 22 countries, with 40 per cent market share in the European market, 21 per cent worldwide, and a rapidly growing presence in Asia.

• Total Sales: Rs 149.23 Cr
• Market Cap:  434.59 Cr
• ROE: 12.22 %
• Sales Growth (3Yrs): 4.40 %

Saint-Gobain Sekurit India Ltd (SGSIL) is the Indian subsidiary of Saint-Gobain Sekurit France. Sekurit India has two manufacturing plant located near Pune – at Chakan for laminated windshields and at Bhosari for tempered side and back glasses – with a combined capacity of more than 600,000 car sets per annum. SGSI has 178 employees and both the plants are certified ISO 14001, TS16469 and OHSAS 18001

3. La Opala RG Ltd

La Opala remains the largest player in the Indian opalware market with a dominant share. The opalware category, being one of the fastest growing markets, is gaining traction from individual and institutional consumers. The Company reported growth in capacities across the last decade.

• Total Sales: Rs 278 Cr
• Market Cap:  2,330 Cr
• ROE: 13.69 %
• Sales Growth (3Yrs): 3.91 %

The opalware capacity at Sitarganj (Uttarakhand) grew 5x since FY09. The Company established a distribution network and developed a strong recall among customers. The Company is a recipient of Top Export Award & Trophy from EPCH (Export Promotion Council for Handicrafts) and CAPEXIL (Chemical and Allied Export Promotion Council).

2. Borosil Renewables Ltd

Established in 1962 with humble beginnings, The Company started as the ”Industrial & Engineering Apparatus Company Pvt Ltd” founded by Dr Lele. Even at that time, the company had the lofty vision of being an internationally recognized scientific glass producer.

• Total Sales: Rs 854 Cr
• Market Cap:  1,674 Cr
• ROE: 6.43 %
• Sales Growth (3Yrs): 22.45 %

The company is one of the top glass manufacturing companies in India. Borosil enjoys the patronage of millions of customers across India and the globe.

• Borosil Ltd, which consists of consumer products and life sciences division
• Gujarat Borosil Ltd, which manufactures and sells solar glass.

1. Asahi India Glass Ltd

Asahi India Glass Ltd. (AIS) is India’s leading integrated glass solutions company and a dominant player both in the automotive and architectural glass segments. It commands over 70% market share in the Indian passenger car glass market.

• Total Sales: Rs 2,771 Cr
• Market Cap:  5,736 Cr
• ROE: 16.63 %
• Sales Growth (3Yrs): 9.66 %

Established in 1984, offering varied types of glass products & services for institutional buyers as well as retail customers, including:

• Automotive glass products
• Architectural glass products
• AIS Windshield Experts
• AIS Glasxperts
• AIS Windows

The company is Joint Venture between the Labroo family, Asahi Glass Co. Ltd. (AGC), Japan and Maruti Suzuki India Ltd. in 1984.