Asian Paints Delays Madhya Pradesh Plant Commissioning

Asian Paints Ltd. said it has postponed the start of commercial production at its proposed water-based paint manufacturing unit in Madhya Pradesh. The company will now begin operations within three years of receiving environmental clearance, instead of within three years of acquiring the land as planned earlier.

The company has applied for environmental clearance with the Madhya Pradesh government’s Cabinet Committee of Investment Promotion. The plant, which is being built with an investment of ₹20 billion, will have an annual capacity of 400 million litres.