Berger Paints to infuse Rs1 billion
Kolkata - Arabstoday
Aiming to double its installed capacity in the next two fiscals, Berger Paints plans to pump in Rs100 crore (Rs1 billion) in 2011-12 to ramp up production, a top company official said here on Tuesday.The company has increased the target capacity of the greenfield project it is setting up at Andhra Pradesh’s Hindpur to 320,000 kilo litre per tonne per annum for water based paints and to 100,000 kilo litre per tonne for emulsions. The first phase of the project is slated to be completed by 2014. From / Gulf Today
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