Berger Paints to invest Rs 150 crore to setup plant in Sandila Industrial area near Lucknow

Berger Paints to invest Rs 150 crore to setup plant in Sandila Industrial area near Lucknow
19/04/2018 , by , in ALLIED, Latest News

Berger Paints India said that it will invest Rs 150 crore to setup a plant in the Sandila Industrial area near Lucknow, Uttar Pradesh. The plant will have a projected capacity of two lakh KL/MT per annum.

“Production of decorative paints in the pre-existing plants was not a cost effective proposition in the long – run. Hence, coming up with a new unit was highly required with the continuous market growth after the implementation of GST in the paint sector.This new plant will address product demands from the Uttar Pradesh–Bihar belt. ” said Abhijit Roy, MD & CEO, Berger Paints India.

The belt was previously catered through the plants in West Bengal, Jammu & Delhi.

 

 

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