PG Foils Limited

Bahrain signs LOI with India's PG Foils for aluminium foil plant

Bahrain's Ministry of Industry and Commerce and India's PG Foils Limited have signed a letter of intent to build a downstream aluminium foil plant in the kingdom, aimed at supplying foil for electric vehicle batteries and pharmaceutical packaging. The agreement, signed at the Gateway Gulf investment forum in Manama on 1 November 2026, sets no disclosed investment value or timeline and remains at the intent stage.

Why this mattersThe letter adds a possible Gulf source of pharmaceutical packaging foil, but with no investment, capacity or timetable disclosed it commits neither side to building.

• Bahrain's Ministry of Industry and Commerce and PG Foils Limited signed a letter of intent on 1 November 2026
• The planned downstream aluminium plant would produce foil for electric vehicle batteries and pharmaceutical packaging
• The agreement was signed at the fourth Gateway Gulf expo in Manama, hosted by the Bahrain Economic Development Board
• No investment value, capacity or start-up date was disclosed
• PG Foils Joint Managing Director Sahil Shah and Industry and Commerce Minister Abdullah bin Adel Fakhro signed the letter

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