26 Sep 2025 | 5 Mins Read
PG Electroplast acquires land in Sri City, plans ₹1,000 crore investment
Flipitmoney
PG Electroplast Limited's wholly-owned subsidiary acquired a 50-acre land parcel in Sri City, Andhra Pradesh, for ₹1,000 crore investment over five years. The facility will be the company's first in South India with an initial refrigeration plant capacity of 1.2 million units by December 2026, generating over 500 jobs and contributing to Andhra Pradesh's industrial growth.