Berger Paints India has commenced commercial production of its Automotive and General Industrial paints production plant having a capacity of 4,800 KL/MTper annum at Jejuri near Pune in Maharashtra on March 27, 2017.
This facility will strengthen the company's supply capabilities in respect of Automotive and General Industrial paints and the capacity will be enhanced to 24,000 KL/MT per annum in phases.
Berger Paints India is a one of the largest paint companies in India with a gross turnover of more than Rs 50 billion. Berger is present in all segments of paint including Decorative, Automotive, Industrial, Protective and Powder Coatings.
Shares of the company gained Rs 1.6, or 0.69%, to trade at Rs 232.25. The total volume of shares traded was 13,059,648 at the BSE (12.45 p.m., Tuesday).