Asian Paints to pump Rs 960 cr to expand Ankleshwar facility

10 Dec 2021 CW Team

Asian Paints Limited will pump in Rs 960 crore to increase the production capacity of its plant located at Ankleshwar in Gujarat.

In a regulatory filing, the firm said that it has inked a memorandum of understanding with the Gujarat government starting the planned expansion of the production capacity of paint from 1.3 lakh KL to 2.5 lakh KL and resins and emulsions from 32,000 MT to 85,000 MT.

The construction is to be achieved in the coming 2-3 years at an overall investment of Rs 960 crore approximately on plant and machinery at the current prevailing rates, it added.

This development will be conducted on the existing land held by the firm.

Shares of the firm were trading up by 0.19% at Rs 3,150 on BSE.

Asian Paints Limited is an Indian multinational paint firm, having its headquarters in Mumbai. The firm is involved in the business of production, selling and distribution of paints, coatings, products related to home decor, bath fittings and rendering related services.

Image Source

Also read: Asian Paints Q1 FY22 profit doubles to Rs 574.30 crore

Technology

28 Oct 2025

Building Faster, Smarter, and Greener!

Backed by ULCCS’s century-old legacy, U-Sphere combines technology, modular design and sustainable practices to deliver faster and more efficient projects. In an interaction with CW, Rohit Prabhakar, Director - Business Development, shares how the company’s integrated model of ‘Speed-Build’, ‘Smart-Build’ and ‘Sustain-Build’ is redefining construction efficiency, quality and environmental responsibility in India.U-Sphere positions itself at the intersection of speed, sustainability and smart design. How does this translate into measurable efficiency on the ground?At U..

Smart Roads, Smarter India

India’s infrastructure boom is not only about laying more kilometres of highways – it’s about building them smarter, safer and more sustainably. From drones mapping fragile Himalayan slopes to 3D machine-controlled graders reducing human error, technology is steadily reshaping the way projects are planned and executed. Yet, the journey towards digitisation remains complex, demanding not just capital but also coordination, training and vision.Until recently, engineers largely depended on Survey of India toposheets and traditional survey methods like total stations or DGPS to prepare detai..

What Does DCPR 2034 Mean?

The Maharashtra government has eased approval norms for high-rise buildings under DCPR 2034, enabling the municipal commissioner to sanction projects up to 180 m on large plots. This change is expected to streamline approvals, reduce procedural delays and accelerate redevelopment, drawing reactions from developers, planners and industry experts about its implications for Mumbai’s vertical growth.Under the revised DCPR 2034 rules, buildings on plots of 2,000 sq m or more can now be approved up to 180 m by the municipal commissioner, provided structural and geotechnical reports are certified b..