-6.70 (-0.24%) Asian Paints has successfully commenced commercial production of paints and intermediaries at the Vishakhapatnam Plant in the state of Andhra Pradesh. The initial capacity of said manufacturing facility is 3 lakh KL p.a.
Earlier, the company had proposed to set up a paint manufacturing facility in Vishakhapatnam, Andhra Pradesh, with an ultimate capacity of 5 lakh KL p.a. to be implemented in a phased manner.
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.