EPACK Durable Limited has announced the commissioning of a state-of-the-art manufacturing facility for Hisense at Sri City, Andhra Pradesh. The facility has been developed under EPACK Manufacturing Technologies Limited, EPACK's wholly owned subsidiary, marking Hisense's first manufacturing footprint in India.

Facility Investment and Capacity Details

The newly commissioned plant spans 10 acres within EPACK Durable's industrial park at Sri City and has been built with an investment of USD 30 million. Commercial production is expected to commence in February 2026, with the facility initially catering to 100% of Hisense India's Room Air Conditioner requirements.

Phased Manufacturing Approach

Manufacturing at the facility will be executed in a structured, phased manner to optimize production capabilities and market reach.

Phase 1 focuses on Room Air Conditioners, manufacturing Hisense's global and flagship product portfolio including the F-Series, Eco Series, Intelli Perla Series, and the upcoming Intelli Pro Series. Phase 2, planned for Q2 FY27, will expand production to washing machines across top-load and front-load categories. Phase 3, targeted for Q3 FY27, will add LED television manufacturing capabilities.

Employment Generation and Strategic Location

The facility currently employs around 500 people and is expected to create employment for nearly 2,000 people over the next 12-24 months. These positions will span skilled manufacturing, engineering, supply chain, quality, finance, and administrative roles.

Strategically located at Sri City, Andhra Pradesh—one of India's leading integrated manufacturing SEZs—the plant is well positioned to serve both domestic and export markets. The location enables efficient logistics, faster market access, and improved supply-chain resilience while supporting cost competitiveness for global brands manufacturing from India.

Leadership Perspectives

Pankaj Rana, CEO of Hisense India, emphasized that the new facility represents a pivotal step in Hisense's evolution in India, enabling the company to strengthen local production capabilities while aligning with the Make in India mission. Ajay Singhania, Managing Director & CEO of EPACK Durable Limited, described the commissioning as a strong validation of EPACK Durable's manufacturing capabilities and its ability to partner with global brands at scale.

Strategic Significance

The Sri City campus integrates EPACK Durable's existing ODM manufacturing operations alongside the newly commissioned Hisense-dedicated facility, creating a scalable and future-ready manufacturing ecosystem. For EPACK Durable, this facility represents another significant step in its strategy to expand global OEM and ODM partnerships, deepen localisation, and strengthen India's position in the global consumer durables value chain.

Epack durable Limited has received a significant boost to its manufacturing operations with the receipt of Phase III incentive under the government's electronics manufacturing promotion scheme. The company announced this development through a regulatory filing dated February 06, 2026.

Government Incentive Details

The company has been awarded Phase III incentive of ₹7.36 crore under the Modified Special Incentive Package Scheme (M-SIPS) administered by the Ministry of IT & Electronics, Government of India. This scheme is specifically designed to promote electronics manufacturing in the country and supports the government's strategic initiatives.

Scheme Structure and Alignment

The M-SIPS scheme offers incentives in three phases for investments in capital expenditure for setting up electronic manufacturing units. EPACK Durable had applied and invested in the scheme to align with the Government of India's vision of "Make in India" and "Aatamnirbhar Bharat".

The scheme represents the government's commitment to:

• Promoting domestic electronics manufacturing
• Reducing import dependency
• Creating employment opportunities in the electronics sector
• Supporting the "Make in India" initiative

Regulatory Compliance

The announcement was made through a disclosure under Regulation 30 of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015. The communication was addressed to both BSE Limited and National Stock Exchange of India Limited, where the company's shares are listed.

The company has also committed to posting a copy of this disclosure on its official website at www.epackdurable.com , ensuring transparency and accessibility for all stakeholders. This incentive receipt marks a significant milestone in EPACK Durable's journey toward expanding its electronics manufacturing capabilities under government support schemes.