# Fortune Group to build Rs 75 crore paints plant in Hyderabad, India

Fortune Group is setting up its sixth paints manufacturing unit at Cheryal near Patancheru, Hyderabad, with an investment of Rs 75 crore. The fully automated plant will have a total annual capacity of 200,000 metric tonnes, with the first phase of 150,000 MT expected to be completed by end of 2021, creating 150-200 jobs.

- Type: New facility
- Announced: 2021-08-25
- Where: Cheryal near Patancheru, Hyderabad, India
- Value: $10.0M (750.0M INR)
- Jobs: 200
- Starts operating: 2021
- Status: under construction
- Capacity: 200,000 metric tonnes per year
- Products: paints, coatings, emulsions, primers, wood finishes
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Fortune Group](https://endata.com/companies/57310.md)

## Sources

- [varindia.com](https://www.varindia.com/news/fortune-group-to-set-up-rs-75crore-paints-unit-in-hyderabad), 2021-08-25: "Hyderabad-based Fortune Group is setting up its sixth unit at Cheryal near Patancheru, with an investment of Rs 75 crore."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.