Berger Intends To Infuse Rs 50-Cr To Set Up Plant In Pune

Kolkata: Berger Paints India Ltd is looking at investment of about Rs 50 crore on the setting up of an automotive paints plant in Pune by the end of the year. The plant is expected to commence operation in a year and will have production capacity of 800 kilolitres a month. At present, almost 76 per cent of the company''s revenue comes from the decorative paints segment, with automotive paints and protective coatings accounting for the rest. The company is currently looking at acquisitions both in India and abroad.The company recently set up a decorative plant manufacturing unit in Russia with a production capacity of 3,000 tonnes a year.