MarketAsahi India Glass
Company Profile

Asahi India Glass

Asahi India Glass Limited, known as AIS, is a glass solutions and manufacturing company in India. It was established in 1984. It manufactures automotive safety glass, float glass, architectural processed glass, and glass products. It also provides consumer glass offerings in the form of Glasxperts and Windshield Experts. AIS was established as a Joint Venture agreement between Mr. BM Labroo and family, Asahi Glass Co. Ltd., Japan, and Maruti Suzuki. In the Indian passenger car glass segment, AIS has 77.1% market share as of 2017. AIS also holds 20% market share in India’s architectural glass segment as of 2017.

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. 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-li 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. ==Company structure and operations==
Company structure and operations
Offices Asahi India Glass Ltd’s registered office is situated in New Delhi. Their corporate office is located in Gurgaon, Haryana. They have zonal offices in Delhi, Mumbai, Kolkata and Chennai and one regional office in Pune. Manufacturing plants AIS has 13 manufacturing plants and sub-assembly units across India. In May 2017, AIS announced its plan to invest in a Greenfield Automotive Glass Plant near Mehsana, Gujarat, in order to primarily supply the new Maruti Suzuki India Limited plant in Gujarat. In November 2017, AIS commenced float glass manufacturing at its new Taloja plant at MIDC Industrial Area, Raigad District, Maharashtra. Strategic business units AIS has three strategic business units. These are Automotive Glass, Architectural Glass and Consumer Glass. ==Acquisitions and sales==
Acquisitions and sales
In 2001, AIS acquired a stake in Asahi Glass Co., Japan’s subsidiary Float Glass India. In 2017, AIS and four other investors concluded a deal to acquire Timex Group Precision Engineering Limited which is the Indian subsidiary of Timex Nederland BV. This acquisition was carried out via a joint venture firm Scopfy Components Pvt Ltd. ==Awards==
Awards
In 2007, AIS was rated as the ‘Best Indian Company in Glass and Ceramics’ by Dun & Bradstreet. In the same year, the Union of Japanese Scientists and Engineers (JUSE) awarded AIS Auto Glass with the Deming Application Prize 2007. == References ==
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