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AG&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 form a $100 million joint venture to build India's first modular fabrication facility for energy and industrial sectors.

  • AG&P Industrial and PISL announced on Jan. 31, 2026, at India Energy Week a 50:50 joint venture with a USD 100 million investment to build India's first modular EPC facility.
  • By combining AG&P's Modstruction methodology with PISL, the joint venture aims to develop localized manufacturing and modular EPC infrastructure supporting India's 'Make in India' industrialization agenda.
  • AG&P Industrial brings 70+ years of experience and PISL over 16 years, with the facility expected to be completed by 2027 to support upstream, midstream, downstream and gas infrastructure projects.
  • The partnership will support India’s infrastructure and energy goals, aiming to attract foreign direct investment and promote domestic manufacturing, aligned with the Government of India's policies.
  • By introducing large-scale Modstruction methods to India, the JV pioneers modular project delivery and reflects the shift to productivity-driven, industrialized execution models in India's energy and industrial sectors.
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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…

·New York, United States
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Benzinga broke the news in New York, United States on Saturday, January 31, 2026.
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