BIRLA OPUS PAINTS, one of the newest ventures from the stable of billionaire businessman Kumar Mangalam Birla, appears to have made an instant impact. The paint brand, which was launched in early 2024, is now fighting with well-established players like Asian Paints and Berger Paints.
The decorative paints company is housed under the ₹1.31 lakh crore Grasim Industries, a global producer of cellulosic fibres, diversified chemicals, fashion yarn, and fabrics.
The new entrant has demonstrated high levels of aggression, and with the commencement of production at its fourth plant (in Karnataka's Chamarajnagar), it claims to be the second largest in the decorative paints segment in terms of capacity, pegged at 866 million litres per annum (MLPA).
The other plants are located in Ludhiana (Punjab), Panipat (Haryana), and Cheyyar (Tamil Nadu).
Diese Geschichte stammt aus der January 05, 2025-Ausgabe von Business Today India.
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Diese Geschichte stammt aus der January 05, 2025-Ausgabe von Business Today India.
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