US EditionAG&P Industrial and Pragati Infra Solutions Announce Joint Venture for India's First Advanced Modular EPC and Fabrication Manufacturing Facility; Sign MoU
AG&P Industrial and Pragati Infra Solutions Pvt. Ltd. will invest $100 million to create India’s first advanced modular EPC and heavy fabrication facility, boosting local manufacturing.
- On Jan. 31, 2026, AG&P Industrial and PISL announced a 50:50 joint venture to build India's first modular EPC facility in Andhra Pradesh with a USD 100 million investment.
- By combining AG&P Industrial's Modstruction methodology with PISL, the joint venture aims to develop advanced fabrication yards, modular EPC infrastructure, and localized manufacturing for oil & gas, LNG and energy transition sectors.
- AG&P Industrial brings 70+ years of modular construction experience, PISL has over 16 years of experience, and the facility is expected to be completed by 2027 to support upstream, midstream, downstream and gas infrastructure projects.
- Aligned with the Government of India, the JV could attract foreign direct investment as it aims to expand domestic manufacturing and support import substitution goals, according to PISL's Managing Director.
- This development positions the JV as a pioneer in modular project delivery by introducing large-scale Modstruction methods to India, reflecting industry shifts.
16 Articles
16 Articles
AG&P Industrial and Pragati Infra Solutions Announce Joint Venture for India's First Advanced Modular EPC and Fabrication Manufacturing Facility; Sign MoU
State-of-The-Art Heavy Modular Fabrication and Erection Manufacturing Facility to be Established in Andhra Pradesh with a Proposed Investment of USD 100 million GOA, India, Jan. 31, 2026 /PRNewswire/ -- India Energy Week : In a significant boost to India's industrial infrastructure, AG&P Industrial (Atlantic, Gulf and Pacific Company of Manila, Incorporated), a wholly owned subsidiary of AG&P International Holdings Pte. Ltd., Singapore, and a gl…
AG&P Industrial and Pragati Infra Solutions Announce Joint Venture for India’s First Advanced Modular EPC and Fabrication Manufacturing Facility; Sign MoU
State-of-The-Art Heavy Modular Fabrication and Erection Manufacturing Facility to be Established in Andhra Pradesh with a Proposed Investment of USD 100 million GOA, India, Jan. 31, 2026 /PRNewswire/ — India Energy Week : In a significant boost to India’s industrial infrastructure, AG&P Industrial (Atlantic, Gulf and Pacific Company of Manila, Incorporated), a wholly owned subsidiary of […] The post AG&P Industrial and Pragati Infra Solutions An…
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