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The paint major had set up a paint manufacturing plant at Mysuru, Karnataka with an ultimate production capacity of 6M klit per annum to be implemented in a phased manner, with an initial production capacity of 3M klit per annum.
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Now, the capacity of the plant has been increased to 6M klit/yr. An amount of Rs 1,305 crore has been invested by the firm towards the above increase in installed capacity and the same has been funded through internal accruals.
Asian Paints is India’s leading paint company and ranked among the top ten decorative coatings companies in the world. Asian Paints is engaged in the business of manufacturing, selling and distribution of paints, coatings, products related to home dor, bath fittings and providing related services.