JK Cement set to enter paints business

09 Mar 2022 CW Team

On Saturday, JK Cement Limited announced that they will be entering the paints business.Therefore, the paint sector in India will get more competitive.

In an exchange filing, JK Cement told the media that the board of directors of the company in the board meeting held has approved entering into the paint business via a wholly-owned subsidiary, formation and investment in the wholly-owned subsidiary.

The company said that the wholly owned subsidiary shall undertake manufacturing, sales, trade, imports, exports, and other related dealings in all types of paints as well as allied products and services.

JK Cement said their board has given approval for an investment of up to Rs 600 crore, for the first five years of the wholly-owned subsidiary.

The wholly-owned subsidiary formation will enable that company to solely focus on its paints business.

JK Cement is among the leading cement and building products manufacturers in India. Their portfolio spreads to white cement, gray cement along with other value added products.

With this new subsidiary entry into the paints sector, paint manufacturing landscape of India is ready to transform into another highly competitive zone for the corporate biggies of the country.

In the last two years, companies like Grasim Industries, Aditya Birla Group company, and JSW Group have also announced their entry in this sector, which is currently dominated by Berger Paints, Nerolac, and Asian Paints.

Image Source

Also read: JK Cement consolidated net sales at Rs 2,030.49 cr in Dec 2021

Infrastructure Transport

05 Feb 2026

MMRDA Installs 325-Tonne Steel Spans on Mumbai Metro Line 4

The Mumbai Metropolitan Region Development Authority (MMRDA) has achieved a key construction milestone on Metro Line 4 with the successful installation of three large steel spans at Bhandup West during overnight operations.The spans, together weighing 325 metric tonnes, were launched using eight heavy-duty cranes and 12 multi-axle vehicles. The operation required precise engineering and meticulous planning to minimise disruption in the densely populated suburban area.Due to effective inter-agency coordination, the work—originally scheduled across four nights—was completed within just two n..

CMRL Targets March 2027 Opening for Vadapalani–Panagal Park

Chennai Metro Rail Limited (CMRL) is progressing as scheduled to open the Vadapalani–Panagal Park section of Phase II’s Corridor 4 by March 2027. The 3.5 km underground stretch is part of the 26.1 km Corridor 4 connecting Lighthouse with Poonamallee Bypass.Construction activities are advancing steadily, with tunnelling works between Vadapalani and Panagal Park already completed. Track-laying operations are expected to commence shortly. At Panagal Park station, structural works have reached the concourse and platform levels, while excavation continues at the lowest level.CMRL is also consid..

Maha-Metro Invites Pune Metro Civil Maintenance Bids

Maharashtra Metro Rail Corporation Limited (Maha-Metro) has invited bids for the annual civil maintenance contract of the Pune Metro Rail Project. The tender, bearing ID and number P1-O&M-20/2025, is scheduled to close on 23 February 2026, with a pre-bid meeting slated for 10 February 2026. The earnest money deposit (EMD) for the contract is Rs 3,50,500, and the duration of the contract is one year.The scope of work includes annual civil maintenance of 28 elevated and underground stations, 28.079 km of elevated viaduct including steel bridges, 12.15 km of tunnels, and two depots under the ..