Ball Corporation invests $60m in Indian aluminium packaging plant

US-based aluminium packaging shaper the Ball Corporation is investing $60m to grow accumulation capableness astatine its manufacturing installation successful Sri City, successful the Indian authorities of Andhra Pradesh.

The latest concern strengthens Ball's determination proviso concatenation successful India.

It follows a close-to $55m committedness by the institution successful 2024 to grow its tin manufacturing works successful Taloja, Maharashtra.

India's beverage tin marketplace is projected to turn by much than 10% annually until 2030, driven by a rising user penchant for sustainable and convenient packaging formats.

Ball Beverage Packaging EMEA [Europe, the Middle East and Africa] and Asia president Mandy Glew stated: “India is cardinal to our planetary strategy and this concern reflects our focused attack to scaling operations successful high-growth markets and securing semipermanent competitory advantage.

“Following our expansions successful Taloja and Sri City, we are exploring further investments to enactment the continued maturation of the Indian marketplace arsenic much brands and consumers are choosing aluminium packaging.”

Ball entered the Indian marketplace successful 2016 and operates facilities successful Taloja and Sri City, supplying beverage tin sizes ranging from 185ml to 500ml to home and planetary brands.

The institution manufactures aluminium packaging for beverage, idiosyncratic attraction and household products and has astir 16,000 employees globally.

It generated nett income of $11.08bn successful 2024, excluding its divested aerospace business.

In aboriginal November 2025, Ball appointed Ronald J Lewis arsenic its CEO and a subordinate of its committee of directors, effectual immediately.

Lewis succeeds Daniel W Fisher, whose exit is not linked to immoderate disagreement with Ball.

The committee has besides elected Stuart A Taylor II arsenic chairman.

Ball has reaffirmed its outlook for 2025 full-year comparable diluted net per stock maturation of betwixt 12% and 15%.

"Ball Corporation invests $60m successful Indian aluminium packaging plant" was primitively created and published by Packaging Gateway, a GlobalData owned brand.

The accusation connected this tract has been included successful bully religion for wide informational purposes only. It is not intended to magnitude to proposal connected which you should rely, and we springiness nary representation, warranty oregon guarantee, whether explicit oregon implied arsenic to its accuracy oregon completeness. You indispensable get nonrecreational oregon specializer proposal earlier taking, oregon refraining from, immoderate enactment connected the ground of the contented connected our site.