Berger Paints begins commercial operations at Uttar Pradesh manufacturing facility
Berger Paints India Limited has informed to the stock exchanges regarding commissioning of company's state-of-the-art, fully automated manufacturing facility at Sandila, Uttar Pradesh on Monday.
This is the largest manufacturing facility of the Company in India with capability to produce 15000 KL/MT per month of water-based paint, 4800 KL per month of solvent-based paint, 7000 MT per month of putty, 6000 MT per month of construction chemicals, 2000 MT per month of resin and 6000 MT per month of emulsion under one roof, Berger Paints said in a filing.
The Company has made an investment of more than Rs 1000 crore for setting-up the said manufacturing facility.
Further, the facility is expected to cater to the rising demand for the Company's products and bring down its cost of production, as per the filing.
On Tuesday, during afternoon trade, shares of Berger Paints was trading at Rs557.95 per share lower by 0.98% on the BSE.