Under Implementation Specialty Chemicals Private Sector

Rs.270 Million Paint Mfg. Expansion Project in Nashik, Maharashtra

Investment
From 100 Million to 999 Million
Stage
Under Implementation
Location
Nashik, Maharashtra
Last updated
27 Jun 2023

Project summary

A paint manufacturing expansion project is being pursued in Gondedumala, Igatpuri, Nashik, Maharashtra. The plan encompasses the production of water and solvent-based paints, expanding capacity to 3083 Kl/M. Estimated at Rs.328 million, the initiative has secured state pollution control approval in February 2019. Notably, the project has evolved since September 2019, with expanded capacity for water-based paints, solvent-based paints, and resins, involving an investment of Rs.270 million. Environmental clearance is in progress, with a focus on augmenting water-based paints to 1383 KLPA, solvent-based paints to 1700 KLPA, and resins to 300 KLPA, supported by a submission to the State Level Environment Impact Assessment Authority.

Project details

SegmentSpecialty Chemicals
IndustryChemicals
Products & capacityWater Based Paints (1383 KLPA)
DistrictNashik
StateMaharashtra
InvestmentFrom 100 Million to 999 Million
Project typeExpansion
OwnershipPrivate Sector
StageUnder Implementation
Last updated27 Jun 2023
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