Birla Opus Paints unveils its 4th factory in Karnataka with a capacity of 230 MLPA

Birla Opus Paints, a division of Grasim Industries Ltd on Tuesday announced the unveiling of its fourth plant at Chamarajnagar, Mysore. The fully automated, integrated paint plant, unveiled by Chairman of the Aditya Birla Group, Kumar Mangalam Birla, commenced its commercial production today and will raise the company’s manufacturing capacity to 866 MLPA (Million Litres Per Annum).

Kumar Mangalam Birla said, “The launch of Birla Opus Paints earlier this year marked a pivotal moment in the Indian paints industry as we look to redefine the industry. The business is progressing in line with the plan with an impactful journey so far and is on track to hit the revenue target of Rs 10,000 crore within the first 3 years of full-scale operations.” 

He added, “To cater specifically to the growing needs of the southern region, our fourth state-of-the-art manufacturing facility in Chamarajnagar supports our growth strategy. This new facility will help us provide quality products and services to customers with increased responsiveness, underscoring our unwavering commitment to becoming a leader in the decorative paint industry.”

Also Read Bihar’s infrastructure boost: PM Modi unveils Rs 6,640 crore development projects in Jamui Asian Paints loses colour amid muted Q2 demand  Kansai Nerolac Paints posts Q2 profit at Rs 122.79 crore, down 30.7% YoY; Anuj Jain says demand expected to improve in H2 Q2 Result 2024 Highlights: Apollo Hospitals, Kansai Nerolac Paints, Trident, Spencer Retail, others releasing Q2 results today

Also ReadUK-India Free Trade Agreement to relaunch in early 2025: What’s at stake?

The Chamarajnagar plant, with a capacity of 230 MLPA, will produce Water based paints, Enamel paints and Wood Finish Paints. The Water based paints will use in-house manufactured advanced Emulsions as key raw material through a unique polymer synthesis process. The Solvent based paints will use in-house resins with exquisite designer molecules for high corrosion resistance, better durability, faster drying and superior gloss. The plant, it said, is fully sustainable with zero liquid discharge and equipped with 4th generation manufacturing technology to manage supply chain at lightning speed, with zero defects and end to end product traceability.

Birla Opus Paints had previously outlined its plans to establish six strategically located manufacturing plants with a total capacity of 1,332 MLPA, at an upfront investment of Rs 10,000 crore.

 » Read More

Related Articles

Top benefits of a savings account you might not know about

A savings account is a financial product that individuals need to have while starting their financial journey. It is a secure place to store funds and provides a modest interest rate. The account facilitates easy deposits and withdrawals, ensuring that access to your money is straightforward. Maintaining a savings account enables you to retrieve funds

Upcoming IPOs this week: Unimech Aerospace – a key mainboard and 2 SME IPOs to launch this week

The primary market will see a total of three IPOs in the last week of December. There will be 1 IPO that will open for bidding on the mainboard and the SME platform will see 2 SME IPO openings. Here’s the list of upcoming IPOs this week:  Mainboard IPO Unimech Aerospace and Manufacturing IPO Unimech

Gold, silver rate today on December 23 in Mumbai, Delhi, Chennai, Kolkata: Here are latest prices in other cities

Gold prices have fallen more than 0.7% compared to a week back while Silver prices fell 2.7% during the same time frame. The decrease in prices can be attributed to the lack of new geopolitical tensions globally.  “The 10-year US yields surged to a fresh cycle high of 4.58%, which boosted the Fed-induced US Dollar

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Stay Connected

0FansLike
0FollowersFollow
0SubscribersSubscribe
- Advertisement -

Latest Articles

Top benefits of a savings account you might not know about

A savings account is a financial product that individuals need to have while starting their financial journey. It is a secure place to store funds and provides a modest interest rate. The account facilitates easy deposits and withdrawals, ensuring that access to your money is straightforward. Maintaining a savings account enables you to retrieve funds

Upcoming IPOs this week: Unimech Aerospace – a key mainboard and 2 SME IPOs to launch this week

The primary market will see a total of three IPOs in the last week of December. There will be 1 IPO that will open for bidding on the mainboard and the SME platform will see 2 SME IPO openings. Here’s the list of upcoming IPOs this week:  Mainboard IPO Unimech Aerospace and Manufacturing IPO Unimech

Gold, silver rate today on December 23 in Mumbai, Delhi, Chennai, Kolkata: Here are latest prices in other cities

Gold prices have fallen more than 0.7% compared to a week back while Silver prices fell 2.7% during the same time frame. The decrease in prices can be attributed to the lack of new geopolitical tensions globally.  “The 10-year US yields surged to a fresh cycle high of 4.58%, which boosted the Fed-induced US Dollar

Reliance Industries Share Price Today Live Updates, 23 Dec, 2024: Reliance Industries on the radar

Go to Live UpdatesReliance Industries Share Price Today Live Updates, 23 Dec, 2024: The Reliance Industries share is in news and the counter closed trade on 20 Dec, 2024 at Rs 1206. The shares touched intraday high of Rs 1239.75 in the last trading session while the intraday low was at Rs 1202.1. The company’s

Mumbai’s asset-light model draws realty heavyweights

Boman Irani, managing director of Rustomjee, calls it an “asset-light model” for Mumbai’s real estate developers that offers a huge respite from an ever-increasing expenditure for land purchases. Irani should know as Rustomjee, which trades as Keystone Realtors, is the largest operator in redevelopment space. “Redevelopment will continue to serve as a key driver of