Epic Research

Monday, May 20, 2013

Epic Update : Berger Paints

Epic Update Berger PaintsBerger 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.

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