Berger Paints plans for expansion
Paint-maker Berger Paints India Ltd will invest around 500 crore towards capacity expansion and setting up new units over the next three years (till FY-20). Total capacity is expected to go up by nearly 25 per cent or by 10,000 tonne per month across both decorative and industrial paints. The existing capacity stands at around 32,000 tonnes per month for decorative paints and at 6,000 tonnes per month in the industrial paint category. Abhijit Roy, MD and CEO, Berger said, “We will bring on-stream in January its 90 crore greenfield plant at Tejpur in Assam with a capacity of 4,000 tonnes per month. The plant will cater to decorative paints.” This apart, expansion will be carried out at Jejuri (Maharashtra) and Hindupur (Andhra) units. The total capacity addition across these two units will be around 6,000 tonnes per month. Berger will also set up a mixing unit at Gujarat at a cost of ?10 crore, while an emulsion unit (the basic raw material required for paint) will come up at Rishra (West Bengal) at an estimated cost of 25 crore.
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