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PG Electroplast Signs ₹1,000cr MoU in Maharashtra — PG Electroplast Share Price Insight

Synopsis:


Next Generation Manufacturers, a PG Electroplast subsidiary, signs ₹1,000 cr MoU with Maharashtra for a greenfield consumer electronics plant in Ahilyanagar, promising over 5,000 jobs. | Source: PG Electroplast Press Release (NSE Exchange Fillings) | Published on Sept 01, 2025


Disclaimer:
This content has been published for informational purposes only. Bajaj Broking is not affiliated with, nor does it endorse or assume any responsibility for, the source material. Readers are advised to consult the original publication for complete and accurate context.

PG Electroplast news today

As stated in the press release of PG Electroplast (NSE Exchange Fillings), the Next Generation Manufacturers Pvt Ltd, a step-down entity of PG Electroplast, has signed a Memorandum of Understanding with the Government of Maharashtra. The MOU is related to a sizeable ₹1,000 crore investment to construct a facility for consumer electronics manufacturers in Kamargaon Ahilyanagar.

Also read: Zydus Wellness Acquires Comfort Click for Rs.2,382 Cr – Share Price Insight

PG ELECTROPLAST LTD

Trade

553.2-7.09 (-1.26 %)

Updated - 03 September 2025
562.55day high
DAY HIGH
548.20day low
DAY LOW
3114050
VOLUME (BSE)

Key Takeaways

  • Investment: ₹1,000 crore greenfield project in Ahilyanagar.

  • Facility to manufacture air conditioners, washing machines, refrigerators and allied products.

  • Location: Kamargaon, Ahilyanagar, within the Magnetic Maharashtra initiative.

  • Employment: Over 5,000 direct and indirect jobs expected.

  • PG Electroplast share price is ₹533.10 on the BSE as of 29 Aug 2025 at 15:59 IST.

Also read: NCC Secures ₹788.34 Cr Water Division Orders in August 2025 – NCC Share Price Insight

Project Scope And Regional Impact

You view this initiative as part of the state's wider portfolio around industrial development. This project will provide integrated chain operations on similar appliance categories to create manufacturing base in western India. This change will bring new jobs to the area of more than 5,000 jobs, and it will change the economic structure and ecosystem of the area too!

Data Snapshot

Element

Details

Investment Value

₹1,000 crore

Product Focus

ACs, washing machines, refrigerators, allied products

Project Location

Kamargaon, Ahilyanagar, Maharashtra

Employment Impact

5,000+ direct and indirect roles

What It Means For You

You may view the section of this agreement as more than simply showing growth for the company . It demonstrates that there is a much broader platform in India, looking toward the consumer electronics manufacturing direction which would benefit from greater geological area’s like Ahilyanagar. The jobs it creates could potentially involve thousands of lives around you and the company's visibility in markets could improve.

Finally, as of 29 Aug 2025 at 15:30 PM IST, the PG Electroplast share price was ₹533.10 per share, which gives you an example of present day value. If you are already paying attention to this, you can see how these types of announcements regarding large-scale investment can influence sentiment toward PG Electroplast while considering trends in it's market position.

Also read: Ather Targets 700 Stores by FY26 and Eyes 20% EV Scooter Market Share

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