In Sri City, Tirupati, in the southern Indian state of Andhra Pradesh, contract maker PG Electroplast Ltd. plans to establish a production plant worth ₹10 billion (about USD 110 million) through its fully owned subsidiary PG Technoplast Pvt Ltd.
The Noida, Uttar Pradesh-based Company acquired 50 acres in Sri City to create an integrated manufacturing campus.
They will invest the amount over five years, commencing with a refrigerator manufacturing facility with an annual capacity of 1.2 million units to begin commercial production by December 2026.
The website is also being planned for future growth into air conditioners, washing machines, and other electronics and home appliances. In its initial phase, the project is anticipated to directly produce more than 500 employments.
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“Sri City marks our very first step into South India and also our largest land acquisition so far,” said Vikas Gupta, Managing Director – Operations.
“It reflects our deep commitment to building for the long term, not just for our customers but also for the communities we will engage with. The facilities scale, its proximity to the port and its potential for exports make this a transformative chapter in our journey.”
One of the top providers of diverse Indian electronic manufacturing services for both domestic and international businesses is PG Electroplast Limited (PG). Original Equipment Manufacturing (OEM) and Original Design Manufacturing (ODM) are our areas of expertise.
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