Kolkata, Aug 20 - India's largest container glass manufacturer, Hindusthan National Glass and Industries (HNG), is looking at Africa, South East Asia and the Middle East for acquisition, a top company official said here Thursday.

'We are looking at these three countries for acquiring a bottle manufacturing plant. The investment will be between Rs.300 crore to Rs.400 crore,' company joint managing director Mukul Somany said at a media meet here.

The capacity of the acquired company would be one-fourth of HNG's installed capacity of 940,000 tonnes.

The city-headquartered firm, which now has a 65 percent market share in the organised sector, has set a growth target of 20 percent in 2009-10.

HNG is also investing more than Rs.