• Home
  • Realty
    • Realty
    • Realty Commercial
    • Realty Residential
    • Realty Retail
  • Management
  • IKC
    • IKC
    • Awards
    • Report 2019
    • Gallery
  • Videos
    • Videos
    • India Kitchen Congress
    • Conversations
  • Services
  • Contact Us
Log In

Submit a Video
User Panel Banner
Log In

  • Home
  • Realty
    • Realty Commercial
    • Realty Residential
    • Realty Retail
  • Management
  • IKC
    • Awards
    • Report 2019
    • Gallery
  • Videos
    • India Kitchen Congress
    • Conversations
  • Services
  • Contact Us
HomeNewsCorporateBerger Paints Plans RS 400cr Capex

Berger Paints Plans RS 400cr Capex

  • March 4, 2017
  • 0 comments
  • Sourcing Hardware
  • Posted in CorporateNews
  • 0
  • Tweet
  • Share 0
  • +1
  • LinkedIn 0

Berger Paints has lined up a capital expenditure of nearly  Rs 400 crore to strengthen its paints business and double revenues over the next four-to-five years. The company will spend around Rs 250 crore to ramp up the decorative paints manufacturing capacity at Hindupur unit in Andhra Pradesh, and another  `100 crore on its industrial plant in Jejuri near Pune. These decisions were taken at the company’s 92nd AGM held in Kolkata.

Elaborating on the Hindupur plan, managing director and CEO Abhijit Roy said, “We intend to build new infrastructure and install machines within the existing premises. The proposed expansion will help Hindupur to double its manufacturing capacity to 1,44,000 metric tonne (MT) per annum.” Speaking on the Jejuri plant, Roy said that the expansion of the Jejuri plant, to be undertaken in FY 2017-18, will increase production further. “As of now the company is in the process of increasing capacity of the Jejuri unit to 22,000 MT from 12,000 MT per annum by end-March 2017.”

Roy further said the company has decided to set up manufacturing bases in north eastern India anticipating huge potential and steady growth of these markets in forthcoming years. “We have acquired land for setting up an integrated paint plant at Naltoli near Tezpur,” he said, adding that the plant will commence production by January 2017. The factory will produce an entire range of products including water-based, solvent-based and dry products such as putty and distemper.

The initial annual capacity of the plant is proposed to be 24,000 kilolitre per annum of water based paints and 13,200 kilolitre per annum of solvent based paints, together with the corresponding resin manufacturing unit. In addition, the company is also setting up a distemper and putty manufacturing facility at Nalbari near Guwahati with an annual capacity of 1,200 tonne and 6,000 tonne, respectively.

Related Posts

Gopal Dwivedi's Modular Kitchen Planning and Designing Guide is out and out a syllabus for the kitchen industry
0 comments
*News

Gopal Dwivedi launches Modular Kitchen Planning and Designing Guide

0 comments
Corporate

Home Décor is a $20 bn Business, and we are in the Right Place: HomeLane Founder & CEO Srikanth Iyer

Sanitaryware
0 comments
CorporateRoca News

Swiss Luxury Sanitaryware Brand Laufen Opens Outlet in Gurugram

Somany Launches ‘Bathroom of Your Dreams’ Campaign

  • March 4, 2017
  • 0 comments

Grohe Products to be Installed by EasyFix

  • March 4, 2017
  • 0 comments

Share this

About author

Sourcing Hardware

Related Posts

Gopal Dwivedi's Modular Kitchen Planning and Designing Guide is out and out a syllabus for the kitchen industry
0 comments
*News

Gopal Dwivedi launches Modular Kitchen Planning and Designing Guide

0 comments
Corporate

Home Décor is a $20 bn Business, and we are in the Right Place: HomeLane Founder & CEO Srikanth Iyer

Sanitaryware
0 comments
CorporateRoca News

Swiss Luxury Sanitaryware Brand Laufen Opens Outlet in Gurugram

0 comments
*Corporate

CRI Wins National Energy Conservation Award 2019 in Pumps

Tags

  • Berger Paints Plans RS 400cr Capex

Do not miss

Gopal Dwivedi's Modular Kitchen Planning and Designing Guide is out and out a syllabus for the kitchen industry
0 comments
*News

Gopal Dwivedi launches Modular Kitchen Planning and Designing Guide

  • About us
  • Contact Us
  • Privacy Policy
  • About Channel Offers
Got a hot tip? Send it to us!

    Your Name (required)

    Your Email (required)

    Video URL

    Attach Video

    Category
    SportNewsTechMusic

    Your Message