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Berger Paints is setting up a plant near Lucknow, Uttar Pradesh, at an investment of Rs 1.5 billion. Plant will largely manufacture decorative paints and cater to local needs for industrial coatings.Company is also scaling up the production capacity at its Jejuri plant, near Pune, in Maharashtra and has completed building its putty unit in […]

Paints and coatings company Akzo Nobel India inaugurated a new powder coatings facility in Thane, Maharashtra. The facility has been set up at an investment of Rs 650 million. The new facility, the company’s sixth in India, will strengthen the company’s access to the markets located in northern and western parts of the country. https://www.projectstoday.com/News/Akzo-Nobel-India-unveils-new-facility-in-Thane

The government has decided to extend the Minimum Import Price (MIP) regime on 66 steel items for a further period of two months till December 4, 2016. This was stated in an official notification by the union commerce ministry on Tuesday. MIP regime was supposed to come to an end on October 4, 2016. This […]

Asian Paints Ltd is investing around Rs 4,000 crore on setting up two manufacturing plants in Karnataka and Andhra Pradesh, although it has cautioned that demand conditions in the current fiscal “still remain uncertain” on account of the global economic situation. Asian Paints chairman Ashwin Choksi said in the latest Annual Report that “the company […]