With an investment of Rs 1,000 crore, the facility is expected to create more than 5,000 direct and indirect employment opportunities at Kamargaon, Ahilyanagar
Next Generation Manufacturers, a PG Electroplast step-down subsidiary, has signed a Memorandum of Understanding with the Government of Maharashtra to invest ₹1000 crores in a greenfield project at Kamargaon, Ahilyanagar.
As part of the state’s flagship Magnetic Maharashtra initiative, the project will establish integrated manufacturing capacities for air conditioners, washing machines, refrigerators, and allied products. With an investment of Rs 1,000 crore, the facility is expected to create more than 5,000 direct and indirect employment opportunities in the region, significantly boosting the consumer electronics ecosystem in western India.
“The new facility at Kamargaon will be highly vertically integrated, boost the local components ecosystem, and generate large-scale employment. We thank the state government for its proactive support and look forward to contributing meaningfully to Maharashtra’s industrial journey,” highlighted Vishal Gupta, Managing Director, Finance, PG Electroplast.
The company has one of the biggest capacities in Plastic Injection moulding and has capabilities across the value chain in Original Equipment Manufacturing (OEM) and Original Design Manufacturing (ODM) products like washing machines, room air conditioners, air-coolers and LED televisions.
