Asian Paints has increased original installed production capacity at Khandala plant to 4,00,000 KL per annum in order to meet the medium-term capacity requirements of the Company. An amount of around Rs 385 crore has been invested by the Company towards the above increase in installed capacity and the same has been funded through internal accruals. Earlier, the plant at Khandala had an installed production capacity of 3,00,000 KL per annum.
Asian Paints is engaged in the business of manufacturing, selling and distribution of paints, coatings, products related to home decor, bath fittings and providing of related services. The Company's business segments are Paints and Home Improvement.
