Berger Paints to Invest Rs. 200-Crore in UP Plant
Berger Paints’ board has approved an investment of Rs. 200-crore to set up an integrated paint manufacturing plant in Uttar Pradesh.
“The board of directors of the company has approved installation of an integrated paint plant with water and solvent-based decorative, industrial and protective coatings, resin, putty, emulsion and construction chemical manufacturing capabilities at an investment of about Rs. 200-crore at Sandila Industrial Area in Uttar Pradesh (UP),” the company said in a stock market filing.
“Subject to all required consents and approvals, the project is likely to be completed by the end of the financial year 2019-20,” it added.
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