Tuesday, July 31, 2007
Asian Paints To Establish Emulsion Unit In Rohtak
Asian Paints will be setting up a new manufacturing facility at Rohtak in Haryana, which will be its biggest. The plant, which will produce emulsion paints initially and then diversify into other products, is expected to be fully operational by the end of 2009. Additionally, the country''s largest paints company plans to invest Rs 200 crore for capacity expansion and its R&D centre in Turbhe near Navi Mumbai in view of the good growth in industrial and decorative paints. The distribution centres and the storage facility will also be increased substantially before the festive season sets in.
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