Hyderabad based Techno Paints New Manufacturing Unit
City based Techno Paints, a part of Fortune Paints on 11th February announced that it would set up a new manufacturing paints unit here with an annual capacity of 2.5 lacs metric tonnes. The new plant which will come up in three acres of land at Sultanpur Industrial Estate near Hyderabad and it will be ready for production by this December, Akuti Srinivas Reddy, Founder Group stated. We are investing Rs 25 crore on this new plant he said that all it's existing five units are running at full capacity. With this new plant our total capacity will scale up to 3.3 lacs tonnes, Reddy said the company has also planned to set up two more plants with 5 lacs tonne additional capacity in other states by 2025.