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Work is underway on Kansai Nerolac Paints’ unit in Punjab. Unit with a capacity of 52,800 kilo ltr per year is located at Goindwal Sahib in Amritsar district of Punjab. Project was approved by Board of Directors of company in July 2015 but remained in the planning stage for three years. It was only in […]

Asian Paints will be investing Rs.4,000 crore as part of its capacity expansion in FY19. The company will invest at its Visakhapatnam and Mysuru facilities to add 1.1 million kilo leter to its present output. Company is setting up plant with a five lakh kilo ltr per annum capacity at Visakhapatnam at an investment of […]

Infra major has bold plans for electric cars and paints; mindset and execution will be the key. It’s billion-dollar question every growing business house asks at some point.How much diversification is good without jeopardizing the group? That’s the inflection point that the $15 billion infra major JSW Group is at and judging by its moves, […]

Board of directors (BoD) of Berger Paints, a paint manufacturer company, has given approval for installation of an integrated paint plant in Uttar Pradesh. Nod was given for installation of an integrated paint plant with water and solvent based decorative, industrial and protective coatings, resin, putty, emulsion and construction chemical manufacturing capabilities. Project will see […]

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.

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 […]