Asian Paints Doubles Mysuru Plant Capacity with Rs 13.50 Bn Investment

04 Jul 2024 CW Team

Asian Paints has announced a significant expansion of its Mysuru plant, doubling its production capacity with an investment of Rs 13.50 billion. This strategic move aims to meet the rising demand for paints and coatings in India, driven by robust growth in the housing and infrastructure sectors.

The expansion project at the Mysuru plant will increase its annual production capacity from 300,000 kiloliters to 600,000 kiloliters. This enhancement is part of Asian Paints' broader strategy to strengthen its manufacturing capabilities and maintain its leadership position in the Indian paint industry.

The company has implemented advanced technologies and automation to ensure efficient and sustainable operations at the expanded facility. The upgraded plant will produce a wide range of paints and coatings, catering to diverse customer needs across residential, commercial, and industrial segments.

The investment in the Mysuru plant aligns with Asian Paints' commitment to supporting the Make in India initiative and contributing to the country's economic growth. By doubling its production capacity, the company aims to reduce supply chain bottlenecks and ensure timely delivery of products to its customers.

Infrastructure Energy

22 Oct 2025

KEC Secures Rs 10, 380 Mn Substation Order in Saudi Arabia

KEC International Ltd., a global infrastructure EPC major, and an RPG Group company, has secured a new order worth Rs 10,380 million for the Design, Supply and Installation of a 380 kV GIS Substation in Saudi Arabia.Vimal Kejriwal, MD & CEO, KEC International Ltd., commented, “We are delighted with the successive order wins in our T&D business. In a landmark achievement, we have secured our largest ever substation order. This prestigious order in the Middle East has widened our portfolio and strengthened our presence in the region. With this strategic win, our year-to-date or..

Central Bank of India executes first fully digital SCF deal on PSB Xchange

In a major advancement for India’s banking sector, Central Bank of India (CBI) has successfully completed the country’s first fully digital supply chain finance (SCF) transaction on PSB Xchange—a unified multi-lender platform launched by PSB Alliance. PSB Xchange is designed to connect public and private sector banks, NBFCs, and fintechs with corporates and their channel partners to facilitate supply chain finance and small business loans. The transaction marks the first time a fintech-originated corporate lead has been seamlessly processed through the PSB Xchange ecosystem. The lead fl..

Atlanta Electricals secures Rs 1,835 Mn transformer order from BNC Power

Atlanta Electricals Limited (“Atlanta”) has secured an order worth Rs 1,835 million from BNC Power Projects Ltd for the supply of extra high voltage (EHV) transformers and a bus reactor for its Pugal site. The contract includes a mix of 315 MVA, 400 KV and 100 MVA, 132 KV transformers along with a 400 KV bus reactor. The project scope encompasses design, manufacturing, testing, and supply to the project site. Deliveries will be sequenced following engineering and drawing approvals, offering multi-quarter execution visibility and ensuring a steady production run-rate. The order will be ex..