Berger Paints has announced a Rs 2,000 crore investment over the next three years as part of its expansion strategy, which includes both greenfield and brownfield projects to strengthen its position in the competitive paints industry.

India’s second-largest paint manufacturer, holding a market share of around 22%, is gearing up to begin operations at its Odisha plant by 2027. The facility, which will be the company’s largest, involves an investment of Rs1,200 crore. Meanwhile, a Rs 250 crore brownfield expansion of its Hindupur plant in Andhra Pradesh, focused on solvent-based paints, is already underway and expected to be operational this year.

Additionally, Berger Paints is investing Rs 600 crore in a new facility at Panagarh, West Bengal, slated to commence operations by 2026. The company is also exploring inorganic growth opportunities to enhance its market reach.

“With these expansions, we aim to double our revenue to ₹20,000 crore by 2030,” said MD & CEO Abhijit Roy. Berger Paints Chairman Rishma Kaur emphasized the company’s commitment to sustainable growth, innovation, and market expansion during the inauguration of its new headquarters in Kolkata.