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Asian Paints commences commercial production at new plant

20 Feb 2013 Evaluate

Asian Paints has commenced commercial production at its new paint plant at MIDC, Khandala Industrial Area, Taluka Khandala, Satara, in the state of Maharashtra from February 20, 2013. The plant has been established with an initial installed capacity of 300,000 KL per annum with state-of-the-art facility.

Asian Paints is India’s largest paint company and Asia’s third largest paint company with an annual turnover of Rs 5,463 crore. The company along with its subsidiaries has operations in 20 countries across the world and 28 paint manufacturing facilities, servicing consumers in 65 countries through Berger International, SCIB Paints-Egypt, Asian Paints, Apco Coatings and Taubmans.

Peers
Company Name CMP
Asian Paints 2345.00
Berger Paints India 471.75
Kansai Nerolac Paint 181.10
JSW Dulux 3003.70
Indigo Paints 1022.35
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