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Asahi India Glass

#4184

Rank

$2B

Marketcap

IN India

Country

Asahi India Glass
Leadership team

Mr. Sanjay Mohan Labroo (MD, CEO & Exec. Director)

Mr. Satoshi Ogata (Deputy MD, CTO of Auto & Additional Whole-time Director)

Mr. Shailesh Agarwal (CFO & Exec. Director)

Products/ Services
Automotive, Consumer, Manufacturing
Number of Employees
1,000 - 20,000
Headquarters
New Delhi, Delhi, India
Established
1984
Net Income
20M - 100M
Revenue
100M - 500M
Traded as
ASAHIINDIA.NS
Social Media
Overview
Location
Summary
Asahi India Glass Limited, an integrated glass and windows solutions company, manufactures and supplies various glass products in India and internationally. It operates in two segments, Automotive Glass and Float Glass. The company offers various automotive glass products, including laminated windshields, tempered glass for sidelites and backlites, defogger glasses, glass antennas, encapsulated glasses, plug-in windows, solar control glasses, IR and UV cut glasses, dark green UV cut glasses, rain sensor and wiper heated windshields, glasses with assembly, privacy glasses, acoustic windshields, IR cut and acoustic windshields, sliding windows for buses and trucks, thinner glazings, bullet resistant glasses, removed sunveil green glasses, head up display W/S, and IGU for metro and railways. It also provides a range of architectural glass products, such as clear float, heat absorbing, solar control, patterned reflective, sunshield, patterned sunshield, ecosense, energy-efficient reflective, impact resistance, burglar resistant, sound resistant, valuglas, securityplus, insulated-glazed, heat-strengthened, swytchglas -electrochromatic, integrated blinds, pyrobel - fire retardant, and energy-efficient reflective glasses. In addition, the company offers uPVC and aluminum windows; designer glasses, such as back painted, frosted, mesh laminated, colored laminated, fabric laminated, printed, and acid etched glasses, as well as distortion-free mirrors, ceramic frit, and vibrant colors for interiors; and glass, window, and door solutions. Further, it provides automotive glass repair and replacement services. The company was incorporated in 1984 and is based in Gurugram, India.
History

1984-2000

In 1984, AIS was initially incorporated in India under the name Indian Auto Safety Glass Private Limited. By 1986, the company transferred its equity stake to Asahi Glass Co., Japan. During this period, a joint venture agreement was carried out among the promoters, namely Asahi Glass Co., Japan, Indo-Asahi Glass Company and Maruti Udyog.

The company was thus incorporated as public limited company under the name of Asahi India Safety Glass Limited on 31 December 1985. Initially, the company only manufactured toughened glass for Maruti Suzuki India Limited. However, in 1989, after increasing its tempered glass production capacity by installing a new furnace, the company began manufacturing toughened glass for other automobile manufacturers. The company also introduced black ceramic printing and heat-lite printing for production of automotive glasses for the first time in India.

By 1992, the company ventured into manufacturing of laminated safety windshields. Four years later, anticipating an increase in demand of laminated windshields due to them being made mandatory for passenger vehicles under revised Central Motor Vehicle Rules, AIS carried out a major capacity expansion to produce 7,50,000 laminated windshields.

By 1999, the company added Hyundai, Ford, Toyota, and Hindustan Motors to its clientele while also increasing its tempered glass production capacity.

2000-present

With the turn of the millennium, AIS increased its technology capabilities with a slew of installations including laminated bending furnace for producing complex laminated windshields, CAD station and in-house designing, and print marking on glass for brand visibility.

In 2001, Float Glass India, a subsidiary of Asahi Glass Co., Japan, became the subsidiary of AIS. Next year, AIS made its first acquisition by acquiring 79.6% stake in Float Glass India and absorbing it under its own brand name.

In 2002, the company also rebranded itself as Asahi India Glass Limited and in 2003, it set up a new automotive glass manufacturing plant in Chennai. This was followed by commencement of commercial production at the company’s Architectural Processing Unit in Taloja in 2004. In 2005, AIS Glass Solutions Ltd. was set up to further expand in the architectural glass value chain.

The year 2006 saw establishment of two more architectural processing facilities in Rewari and Chennai along with further capacity expansion across existing plants. In late 2017, AIS inaugurated a new, modernised Taloja float glass plant to enhance supply to auto and architectural glass segments by manufacturing 550 tonnes of glass per day.

Mission
At AIS, we are committed to making lives better by providing glass solutions of world-class quality, which meet the aspirations of our customers, enhance the beauty of buildings, and make buildings safer and power efficient.
Vision
We strive to become an industry leader in providing innovative glass solutions for buildings, automobiles and lifestyles. We will strive to ensure the highest quality and reliability of our products, while taking a sustainable approach to business.
Key Team

Mr. Vikram Khanna (Chief Information & Mktg Officer and COO of Architectural Institutional Bus. & Consumer Glass)

Mr. Gopal Ganatra (Chief of IR, Gen. Counsel, Compliance Officer, Company Sec. & Exec. Director)

Mr. Gopal C. Panigrahi (Plant Head of Taloja - AIS Float Glass)

Mr. Pratul Swarup (Exec. Director & Chief Human Resource Officer)

Mr. Satish Kumar (Head of Production Planning - AIS Float Glass)

Mr. Rupinder Shelly (COO of Architectural Glass, Chief of Research of Dev. & Inn. and Exec Dir of Tech. Architectural SBU)

Mr. Navin Rai (Plant Head of Roorkee (Autc & Architectural) - AIS Auto Glass)

Recognition and Awards
AIS has won numerous awards, including the Red Herring Global Award, Frost & Sullivan Manufacturing Leadership Award and Grand Prix Sustainability Award, among others.
References

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Asahi India Glass
Leadership team

Mr. Sanjay Mohan Labroo (MD, CEO & Exec. Director)

Mr. Satoshi Ogata (Deputy MD, CTO of Auto & Additional Whole-time Director)

Mr. Shailesh Agarwal (CFO & Exec. Director)

Products/ Services
Automotive, Consumer, Manufacturing
Number of Employees
1,000 - 20,000
Headquarters
New Delhi, Delhi, India
Established
1984
Net Income
20M - 100M
Revenue
100M - 500M
Traded as
ASAHIINDIA.NS
Social Media