Kamdhenu Group is planning to invest Rs 200 crore for expanding its paints business. The group also aims to garner a revenue of Rs 1,000 crore from the paints segment over the next five years. The move will be taken after the demerger of the paints division into a separate entity. The demerger is expected to be completed by November-December this year.
Kamdhenu is the largest manufacturer of international quality Steel Bars in India. The product range of the company includes TMT/HSD Bars, Structural Steel, Wirebond, Plywood, PVC Pipes, etc. The company also in the business segment of power, steels, paints.