Hindusthan National Glass & Industries Ltd (HNGIL), a subsidiary of the Africa-based Madhvani-Turner Group, is planning to invest ₹300 - ₹500 crore over the next five years to bolster manufacturing capacity by the end of this fiscal year.
HNGIL has invested around ₹700 crore in the business since the change in ownership following the company being acquired by Independent Sugar Corporation Ltd for ₹2,250 crore in September 2025.