Asian Paints has commenced commercial production of paints and intermediaries at its Mysuru plant. The initial capacity of the manufacturing facility is three lakh KL p.a.
The company had set up a paint manufacturing plant at Mysuru with an ultimate capacity of six lakh KL p.a. to be implemented in a phased manner at an approximate cost of ₹2,300 crore. Shares of Asian Paints gained 1.07 per cent at ₹1,303.10 on the BSE.
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.