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 global pioneer in modular construction and Modstruction technology, has entered into a memorandum of understanding (MOU) with Pragati Infra Solutions Pvt Ltd (PISL), a leading Indian EPC and infrastructure development company, to establish the country’s first 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 localised manufacturing for the oil & gas, LNG, and energy transition sectors.
AG&P Industrial and PISL will each hold a 50% stake in the proposed joint venture, which involves an investment of US$100 million. The facility is expected to be completed by 2027.
The 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 PISL’s deep expertise and execution capabilities in industrial infrastructure, renewable energy and large-scale project development across India.
“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,” explained Anupam Ahuja, president of corporate strategy & development at AG&P Global.
“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 realise integrated, modular and future-ready infrastructure solutions for India’s rapidly expanding energy, power, digital, industrial, and oil & gas sectors.”
“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,” added Shubhendra Mittal, managing director of PISL. “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.”
The collaboration is poised to support the next phase of India’s infrastructure, energy and industrial development, and is aligned with the country’s national productivity and digitisation agenda, while delivering to the Government of India’s vision of accelerating infrastructure and industrial growth, attracting foreign direct investment and building a globally competitive manufacturing ecosystem under the ‘Make in India, Make for the World’ initiative.










