Asian Paints to invest ₹960 crore expanding Ankleshwar facility

Asian Paints signed an MoU with the Gujarat government to expand its Ankleshwar facility, increasing paint capacity from 130,000 KL to 250,000 KL and resins/emulsions from 32,000 MT to 85,000 MT, with a total investment of about ₹960 crore.

“Asian Paints has signed a Memorandum of Understanding (MoU) with the Government of Gujarat, commencing the proposed expansion of manufacturing capacity at its Ankleshwar facility at a total investment of about ₹960 crore at the current prices.”thehindubusinessline.com

• 1 source
• thehindubusinessline.comAsian Paints signs MoU with Gujarat govt - The HinduBusinessLineOur BureauNov 29, 2021

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