Berger Paints to invest Rs 280 cr on expansion

Berger Paints to invest Rs 280 cr on expansion

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Berger Paints India will invest Rs 280 crore over the next two-three years for expanding capacities in its plants located at Uttar Pradesh and Maharashtra. The company will soon commence work for installation of water and solvent based decorative, industrial and protective coatings, resin, putty, emulsion and construction chemical manufacturing facility at an estimated investment of Rs 200 crore at Sandila Industrial Area in Uttar Pradesh. Subject to obtaining all required consents and approvals in time, the project is likely to be completed in 2021.

The phase II expansion of the automotive and general industrial and protective coatings plant at Jejuri near Pune in Maharashtra has also commenced. The plant will have an estimated capacity of 27,000 KL (kilo litre) of paints per annum and 12,000 mt (metric tonne) of resin per annum. This is likely to be completed in 2019-20. Another Rs 80 crore would be pumped into Jejuri plant. This facility also has a powder coating plant and the fourth line of the plant with an estimated capacity of 325 mt per month is expected to be installed during the year.