Techno Paints to invest ₹75 crore to add 1 lakh tonne capacity

 Techno Paints, a Hyderabad-based paints manufacturer, has said it would invest ₹75 crore more on capacity expansion in next year, taking the total investments to ₹150 crore.

Unlike the regular paint manufacturing companies, the company focuses only on bulk projects, taking care of the paint needs of real-estate, infrastructure and government projects.

“We have a capacity of one lakh tonnes. We are currently working at a capacity utilisation of 70 per cent. After achieving full capacity utilisation, we will invest ₹75 crore to add an additional capacity of one lakh tonnes,” Akuri Srinivas Reddy, Founder of Fortune Group has said in a statement.

He said the 20-year-old company registered a turnover of ₹250 crore in 2021-23.

Italian tie-up

He said the company introduced lime-based traditional Italian finishes in the country in association with Italian company Rialto.

The lime-based paints, which are free of chemicals, are gaining traction in the high-end luxury home segment.

Available in 200 colour varieties, lime-based paints cost in the range of ₹150-400 per square feet.

Comments

Post a Comment

Popular posts from this blog

Ontario Planning to Download Health Support Services for Students with Disabilities to Unqualified School Staff, Leaked Draft Suggests

Educational stakeholder groups are warning a draft document circulated by Ontario’s Ministry of Education outlines plans to download “medical” and potentially “clinical” support services for students with disabilities onto unqualified school board staff. The new update to the government’s longstanding Program Memorandum 81, which covers the provision of health support services, speech and language services and therapy services in Ontario’s schools, would “delegate” many tasks currently handled by qualified health professionals to non-medical school staff. According to the leaked draft policy document, newly obtained by  PressProgress,  unnamed “school board personnel” with no professional health or medical backgrounds could soon be tasked with medical responsibilities. The draft policy document includes tables listing which health support services could be handled by qualified health professionals and which would be done by unqualified school staff. The document suggests school staff c
Read more

Green Bay's Mint Salon gives trans women tools to beautify courageously for Trans Day of Visibility

GREEN BAY -  When Donn volunteered to be beautician Caroline Quinn's makeup model at Mint Salon, he wasn't completely prepared for the sensation of eyeliner being drawn along his lash line for the first time, nor for the audience watching in wonder.  "It's really weird to have something being pushed into your eyeball," he joked to the group. But when someone in the crowd said "wow" to his final transformation , he was quick to grab a handheld mirror and see for himself a smoky eyed and brow-trimmed face gazing back.  Later, Donn, who asked the newspaper to not use his last name, told the Press-Gazette that he liked the experience for the ways it demonstrated self-care and how it allowed him to break free from the "confines of the male harness," which he said doesn't fit who he is and how he'd like to identify. "I've always felt confined by the very narrow path men are supposed to walk. It just never fit very well," Donn sa
Read more