Asian Paints to raise capacity of Sriperumbudur plant by 60,000 KL

India’s leading paint maker Asian Paints Ltd is gearing up to enhance the capacity of its Sriperumbudur (Tamil Nadu) facility by 60,000 kilo litre (KL) to cater to the growing demand for water-based paints in the country.

“The company is proposing to increase its water based paint manufacturing capacity at its plant situated at Sriperumbudur, Tamil Nadu, from 1,40,000 KL per annum to 2,00,000 KL per annum, subject to necessary approvals,” said Asian Paints in a BSE filing on August 5, 2016.

In addition, the company is planning to change the product mix and increase the capacity at its Ankaleshwar (Gujarat) plant. “The company is also proposing to alter its product mix to augment the manufacturing capacity of synthetic resins and emulsions at its manufacturing facilities at Ankaleshwar, Gujarat, by 35,000 MT (approximately),” added Asian Paints. 

The company said that it will provide details of the capital expenditure for these expansion projects after it receives necessary approvals from the regulatory authorities.