The long-awaited revival of Hindustan National Glass & Industries Ltd (HNGIL) has begun as Independent Sugar Corporation Ltd (INSCO)—a subsidiary of the Uganda-based Madhvani Group—officially takes charge of the company. Following the National Company Law Tribunal’s (NCLT) approval of a ₹2,250 crore resolution plan, INSCO has assumed operational control, signaling the start of an extensive turnaround initiative.