Berger Paints India expects Rs 200 bn turnover in next 5-6 years

20 Jan 2023 CW Team

In the next five to six years, Berger Paints, the second-largest paint manufacturer in the nation, hopes to double its revenue to Rs 200 billion. It is anticipated that the company would end FY23 with revenues of roughly Rs 100 billion.

The company expects that the majority of the growth would come from the local market.

Berger's combined total operating income for H1FY23 was Rs 54.30 billion.,The company was on track to surpass Rs 100 billion this fiscal year. Berger reported a revenue of Rs 88.26 billion for FY22.

Berger's ambitions for growth would be in charge of the development. The company will soon begin construction on its largest plant in Uttar Pradesh (UP); Odisha and Panagarh in West Bengal will follow. The business was looking for a 40–50 acre land in Odisha. The expansion and investment in Odisha would happen in stages. It might start out smaller than UP, but there would be a possibility for growth.

The plant's initial investment in UP was set at Rs 7.25 billion, and it was then increased to Rs 10.15 billion. Although it would also offer industrial and building chemicals, it would primarily serve the ornamental market. Berger stated in an investor presentation that the facility could potentially expand capacity by around 33%.

Infrastructure Urban

06 Jul 2026

ABS Marine Sees CRISIL Credit Rating Upgrade

ABS Marine Services has secured an upgrade to its long term and short term credit ratings from CRISIL, reflecting improved profitability and revenue growth through long term contracts. CRISIL moved the long term rating from BBB+/Stable to A-/Stable and revised the short term rating from A2 to A2+. The action signals strengthened financial metrics and operational resilience. The company benefited from durable client relationships with firms such as ONGC and Schlumberger. The rating decision followed stronger cash flows and an enlarged bank loan facility, which increased from Rs 3,705 million (m..

Project BRAHMANK Marks 16 Years Of Strategic Roads In Arunachal

Project BRAHMANK is marking 16 years of work to establish strategic road and bridge links across Arunachal Pradesh, maintaining and developing 811 kilometres of roads and nearly 86 bridges that range from small culverts to large steel and arch bridges. These transport links are described as critical for ensuring year-round movement of defence personnel, equipment and essential supplies while improving everyday travel for people in remote villages. The project balances national security requirements with regional development by focusing on reliable access in challenging terrain. Notable enginee..

Longleng CSOs Give One Week Ultimatum Over Two-Lane Highway

Civil society organisations (CSOs) in Longleng district have demanded immediate restoration of the deteriorating Changtongya–Longleng two-lane road and sought a detailed status report on the stalled construction within one week. The demand followed a consultative meeting convened under the Phom Peoples' Council (PPC) to discuss welfare and development concerns. PPC president YB Angam Phom said prolonged non-maintenance had caused hardship to commuters and affected transportation, local commerce and the district's development. The meeting urged authorities to undertake immediate restoration a..