fbpx
FashionBirla Opus Paints expands with new 230 MLPA plant...

Birla Opus Paints expands with new 230 MLPA plant in Chamarajnagar

-

- Advertisment -spot_img



Chairman of the Aditya Birla Group, Mr. Kumar Mangalam Birla, unveiled the fourth plant of Birla Opus Paints, a division of Grasim Industries Ltd., at Chamarajnagar, Mysore. This fully automated, integrated paint plant commenced its commercial production which raises the company’s manufacturing capacity to 866 MLPA (Million Litres Per Annum) and catapults Birla Opus Paints to become the 2nd largest decorative paints player by installed capacity.

Kumar Mangalam Birla launched Birla Opus Paints’ fourth plant in Chamarajnagar, Mysore, increasing its manufacturing capacity to 866 MLPA, making it the 2nd largest decorative paints player in India.
The sustainable, fully automated plant produces advanced water-based and solvent-based paints.
Birla Opus Paints aims to hit ₹10,000 Cr (~$120 million) revenue in three years.

Mr. Kumar Mangalam Birla, chairman, Aditya Birla Group said, “Our paints business speaks to a new India, a confident and aspirational India. Our aspirations embody this spirit of a bold, confident India. The launch of Birla Opus Paints earlier this year marked a pivotal moment in the Indian paints industry as we look to redefine the industry. The business is progressing in line with the plan with an impactful journey so far and is on track to hit the revenue target of Rs.10,000 Cr (~$120 million) within the first 3 years of full-scale operations.” He added, “To cater specifically to the growing needs of the southern region, our fourth state-of-the-art manufacturing facility in Chamarajnagar supports our growth strategy. This new facility will help us provide quality products and services to customers with increased responsiveness, underscoring our unwavering commitment to becoming a leader in the decorative paint industry.

The Chamarajnagar plant, with a capacity of 230 MLPA, will produce water-based paints, enamel paints and wood finish paints. The water-based paints will use in-house manufactured advanced emulsions as key raw material through a unique polymer synthesis process helping the company offer innovative paint features like multi-stain resistance, outstanding dirt resistance, crack bridge-ability and high scrub resistance leaving no furniture marks when consumer paints with Birla Opus luxury products. The solvent-based paints will use in-house resins with exquisite designer molecules for high corrosion resistance, better durability, faster drying and superior gloss. The plant is fully sustainable with zero liquid discharge and equipped with 4th-generation manufacturing technology to manage the supply chain at lightning speed, with zero defects and end to end product traceability — a first-of-its-kind feature.

Birla Opus Paints had previously outlined plans to establish six strategically located manufacturing plants with a total capacity of 1,332 MLPA, at an upfront investment of Rs.10,000 Cr. The paints business has already incurred a total capex of Rs. 8,470 Cr. (~$101.64 million) (85% of the total project costs). Currently, four plants are operational, contributing 866 MLPA. Of the remaining two, the Mahad plant near Pune has entered trial production, while the Kharagpur plant near Kolkata is progressing as planned.

Mr. Himanshu Kapania, director, Aditya Birla Group, said, “Birla Opus Paints continues to make rapid strides as part of its growth journey. With 4 out of our 6 state-of-the-art, fully automated manufacturing plants now operational across Panipat, Ludhiana, Cheyyar and Chamarajnagar, we are well-positioned to meet growing demand by having higher supply capacity. The inauguration of our fourth plant marks a key milestone, reinforcing our commitment to progress.”

At the time of launch, Birla Opus Paints had committed to offer the widest product range with 145+ products and 1,200 SKUs across water-based paints, enamel paint, wood finishes, waterproofing and wallpaper. As of September 2024 end, the company has already placed 129 products out of planned 145+ products with over 900 SKUs. The launch of the Chamarajnagar plant will help Birla Opus Paints expand its product portfolio with exclusive products like Indian PU wood finish, and special factory-made shades of enamels, besides bringing down logistics cost to serve the market better. The product quality is already receiving excellent feedback from customers and painters as business is recording robust month-on-month growth.

Mr. Rakshit Hargave, CEO, Birla Opus Paints, said, “Our dedication to cutting-edge R&D, ESG initiatives, and smart factory technology is delivering the best quality of decorative paints in the country with host of differentiated product features for the entire eco system. The opening of our fourth fully automated factory is a reinforcement to our commitment of building a successful paints business in India.”

Birla Opus Paints also announced the pilot launch of its Franchisee led Painting Services – PaintCraft Partner to supplement its direct painting services.

The company’s confidence on the quality of its products is reflected in the latest advertising campaign ‘Naye Zamane Ka Naya Paint’ showcasing innovative features – like no marks scuff resistant paint, excellent dirt pickup technology, high coverage, 10% free paint promotion and warranty on the entire range of products up to 16 years etc after a memorable launch campaign – ‘Duniya Ko Rang Do’.

Birla Opus Paints is now available in over 4,300+ towns pan-India covering all large and mid-size towns in every district of the country and fast spreading across small towns and rural markets.

Note: The content of this press release has not been edited by Fibre2Fashion staff.

Fibre2Fashion News Desk (HU)



Source link

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest news

Indian Share Market Ends Flat Ahead Of Christmas, Sensex Settles At 78,472

Mumbai: The domestic benchmark indices ended flat on Tuesday ahead of Christmas as selling was seen in IT,...

Hospitals trial AI to spot type 2 diabetes risk

Getty ImagesTwo NHS hospital trusts in London are using AI technology to see if they can spot type...

Nov German industrial products producer prices up 0.1% YoY, 0.5% MoM

The producer prices of industrial products in Germany were 0.1 per cent higher year...

Is Robert Lewandowski’s time at Barcelona coming to an end?

Graham Hunter, Spain writerDec 24, 2024, 05:00 AM ETCloseGraham Hunter is a Barcelona-based freelance writer for ESPN.com who...
- Advertisement -spot_imgspot_img

Want A Rosy Glow In Winters? Make This Tomato-Beetroot Soup At Home – News18

Last Updated:December 24, 2024, 16:10 ISTIncorporating this special soup into your diet can help your skin look radiant...

Blast kills 12 people at explosives factory in Turkey

A blast ripped through an explosives factory in northwest Turkey on Tuesday, killing 12 people and injuring four,...

Must read

New country album pays homage to Tom Petty

New country album pays homage to Tom Petty...

At least 10 shot dead as section of Kenyan parliament set on fire

At least ten people were shot dead in...
- Advertisement -spot_imgspot_img

You might also likeRELATED
Recommended to you