In a significant boost to India’s industrial infrastructure, AG&P Industrial (Atlantic, Gulf and Pacific Company of Manila), a wholly owned subsidiary of AG&P International Holdings Singapore, has entered into an MoU with Pragati Infra Solutions, an Indian EPC and infrastructure development company, for setting up an advanced modular EPC and fabrication manufacturing facility in Andhra Pradesh.
This strategic partnership aims to create a long-term joint venture in India, focused on developing advanced fabrication yards, modular EPC (Engineering, Procurement and Construction) infrastructure, and localized manufacturing for the oil & gas, LNG, and energy transition sectors.
This partnership leverages AG&P Industrial’s 70+ years of global leadership in modular construction, advanced fabrication, and full-asset lifecycle EPFCIC (Engineering, Procurement, Fabrication, Construction, Installation, and Commissioning) services, alongside Pragati Infra Solutions’ deep expertise and execution capabilities in industrial infrastructure, renewable energy, and large-scale project development across India.
The MoU was signed in the presence of Mr. Atul Gupta, Chairman and Managing Director-Designate, Engineers India Limited during India Energy Week 2026 – India’s premier global energy platform.
AG&P Industrial and PISL will each hold a 50 percent stake in the proposed joint venture, which involves an investment of USD 100 million. The facility is expected to be completed by 2027.
Anupam Ahuja, President, Corporate Strategy & Development, AG&P Global said, “Our collaboration reflects India’s transition from traditional, labour-intensive construction to productivity-driven, industrialised execution models. This shift is fuelling demand for modular infrastructure and integrated delivery solutions that ensure faster, safer and more predictable project outcomes. By combining AG&P Industrial’s proprietary Modstruction methodology with PISL’s large-scale project and infrastructure expertise, we will offer the speed, certainty and scalability necessary to realize integrated, modular and future-ready infrastructure solutions for India’s rapidly expanding energy, power, digital, industrial and oil & gas sectors.”
Shubhendra Mittal, Managing Director, PISL said, “Together, PISL and AG&P intend to develop a world-class fabrication and modularisation yard in India, aligned with national priorities such as import substitution, energy security and industrial self-reliance. Our platform is designed to closely support marquee EPC players across upstream, midstream, downstream; and gas infrastructure projects, while strengthening domestic manufacturing capabilities. In partnership with AG&P Industrial, we will expand in-country manufacturing capacity and jointly develop a state-of-the-art heavy modular fabrication and erection facility, with the core philosophy to maximising production and bring globally benchmarked EPC and fabrication capabilities to India.”
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