Kolkata, Oct 4 : With the inauguration of Birla Opus Paint manufacturing unit by West Bengal Chief Minister Mamata Banerjee in Kharagpur next week, the Aditya Birla Group is set to launch its formal operation of its new paint factory in early part of next year, official sources said today.
Banerjee is slated to open the factory in Kharagpur's Vidyasagar Industrial Park on October 9 in presence of Aditya Birla Group chairman Kumar Mangalam Birla and Birla Opus Paints CEO Rakshit Hargave.
The plant is being set up with an initial cost of Rs 1000 crore and employs some 2000 direct and indirect job opportunities, will manufacture a range of products, including water-based and solvent-based decorative paints, wood finishes, and wallpapers.
The construction was almost near end and a trial run planned in next few months followed by commercial production.
The Kumar Mangalam Birla-led group, which recently entered the paint sector, had earlier written to Chief Minister Mamata Banerjee expressing interest in setting up a modern paint manufacturing unit in the state.
The group had requested for the land parcel to set up its facility, which has been allocated about 80 acres of land at Kharagpur's Vidyasagar Industrial Park in West Medinipur.
The investment is being done through Grasim, whose Board of Directors had approved a foray into the sector at a capital expenditure of Rs 5,000 crore over the next phases.
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