Berger Paints India is planning to establish a new manufacturing unit in Jejuri, near Pune for automotive and industrial paints in the current financial year. It is also in the process of setting up its largest unit at Hindupur in Andhra Pradesh, with an initial capacity of 8,000 tonnes a month, which can be scaled up to 16,000 tonnes. The company is planning to invest about Rs 140 crore in the Hindupur unit and another Rs 40 crore in the Jejuri unit this year, which will be funded from internal accruals.
The entity had spent about Rs 80 crore on the Hindupur unit in last year, which is expected to be operational later this year. Currently, it has a production capacity of around 24,000 tonnes a month, will be expanded to around 40,000 tonnes when both Hindupur and Jejuri units are operational.
