Archive · 27 Sep 2025
PGEL Investing ₹1,000 Crore in Andhra Pradesh Facility
PG Electroplast is setting up a big factory in Andhra Pradesh.
They bought a 50-acre plot of land and plan to spend around 1,000 crore rupees.
The factory will make refrigerators, air conditioners, washing machines, and more.
They expect to start producing refrigerators by December 2026.
The project is expected to provide more than 500 jobs.
A local minister welcomed the investment.
PGEL, through PG Technoplast, is establishing a manufacturing facility.
The company acquired 50 acres of land in Sri City.
PGEL plans to invest approximately ₹1,000 crore over five years.
The facility will initially manufacture refrigerators with production slated for December 2026.
The project is expected to create over 500 jobs in the first phase.
- Who
- PG Electroplast Ltd
- What
- To build a manufacturing facility and invest ₹1,000 crore
- When
- Announced on September 27, 2025
- Where
- Sri City, Tirupati, Andhra Pradesh
- Why
- To expand manufacturing capabilities
Business and Growth
Government and Local Economy
Investment Welcome
Business and Growth
Company is expanding.
Government and Local Economy
Local Minister welcomed investment
- Company
- PG Electroplast Ltd (PGEL)
- Subsidiary
- PG Technoplast Pvt Ltd
- Location
- Sri City, Tirupati, Andhra Pradesh
- Investment
- ₹1,000 crore
- Land
- 50-acre
- Planned Production
- Refrigerators, ACs, washing machines, and more
- First Phase Jobs
- 500+
- Target Production Start
- December 2026 (refrigerators)
