Current Date: 09 Jul, 2024

Grasim Industries: Adding a Splash of Color to West Bengal

The Decorative Paints Project in Kharagpur, West Bengal, is a major step in Grasim Industries Limited's diversification strategy. Investing ₹1,000 crores, the project aims to build a large-scale facility to address the rising demand for decorative paints in the region and beyond. With a resin manufacturing capacity of 160,000 Kilo Litres (KL) per year, the unit might boost Grasim Industries' decorative paints market presence.

The project may also reduce paint imports by increasing domestic output. This import reduction effort supports self-sufficiency and indigenous industries. The project is also expected to create many jobs throughout building and operation, helping Kharagpur and adjacent areas grow economically.

The Decorative Paints Unit may also boost industrial development in the region, boosting ancillary sectors and attracting new investment. Grasim Industries aspires to achieve project success while minimizing environmental consequences through transparent communication, regulatory compliance, and sustainable practises. Local communities, government agencies, and industry partners are urged to follow and participate to the initiative. Finally, Grasim Industries' Decorative Paints Project in Kharagpur will enhance West Bengal's paint industry and economy.

News by Rahul Yelligetti

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Source : Projxnews