# 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.

- Type: Expansion
- Announced: 2021-11-29
- Where: Ankleshwar, Gujarat, India
- Value: $129.0M (9.60B INR)
- Status: announced
- Capacity: paint: 130,000 KL to 250,000 KL; resins and emulsions: 32,000 MT to 85,000 MT
- Products: paint, resins, emulsions
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Asian Paints](https://endata.com/companies/16120.md)

## Sources

- [thehindubusinessline.com](https://www.thehindubusinessline.com/companies/asian-paints-signs-mou-with-gujarat-govt/article37747320.ece), 2021-11-29: "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."

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