Kamdhenu plans Rs 1,000 cr revenue from paint segment in next 5 years
Paint

Kamdhenu plans Rs 1,000 cr revenue from paint segment in next 5 years

Infrastructure and construction company Kamdhenu Group plans to generate a revenue of over Rs 1,000 crore from its paint segment over the next five years, amid rising demand for the product in line with new housing projects.

Satish Kumar Agarwal, Chairman and Managing Director (CMD), Kamdhenu Group, told the media that the company is also in the process of hiving off its paints business into a separate entity.

According to data provided by the company, Kamdhenu had garnered a revenue of Rs 226 crore from the paints segment in FY20. Agarwal further said for better functioning of the segment, the management has decided to demerge the paints division into a separate entity and later list it on the stock exchanges.

Kamdhenu Paints has its manufacturing plant at Chopanki in Rajasthan, where it manufactures interior and exterior emulsions, stainers, colourants, designer paints, construction chemicals, waterproofing chemicals and other water-based speciality products.

It also outsources median and low-range products like distempers, enamel and putty from manufacturing units in Rajasthan, Uttar Pradesh, Haryana and Punjab.

Gurugram-based Kamdhenu Group has a presence in the steelmaking sector, besides paints.

Under the franchise model, the company has TMT manufacturing plants in states like Gujarat, Andhra Pradesh, Telangana, Odisha, Karnataka, Goa Rajasthan Bihar, Uttar Pradesh, Himachal Pradesh, Punjab, Uttarakhand, West Bengal, Madhya Pradesh, and Jharkhand, among others.Image Source

Infrastructure and construction company Kamdhenu Group plans to generate a revenue of over Rs 1,000 crore from its paint segment over the next five years, amid rising demand for the product in line with new housing projects. Satish Kumar Agarwal, Chairman and Managing Director (CMD), Kamdhenu Group, told the media that the company is also in the process of hiving off its paints business into a separate entity. According to data provided by the company, Kamdhenu had garnered a revenue of Rs 226 crore from the paints segment in FY20. Agarwal further said for better functioning of the segment, the management has decided to demerge the paints division into a separate entity and later list it on the stock exchanges. Kamdhenu Paints has its manufacturing plant at Chopanki in Rajasthan, where it manufactures interior and exterior emulsions, stainers, colourants, designer paints, construction chemicals, waterproofing chemicals and other water-based speciality products. It also outsources median and low-range products like distempers, enamel and putty from manufacturing units in Rajasthan, Uttar Pradesh, Haryana and Punjab. Gurugram-based Kamdhenu Group has a presence in the steelmaking sector, besides paints. Under the franchise model, the company has TMT manufacturing plants in states like Gujarat, Andhra Pradesh, Telangana, Odisha, Karnataka, Goa Rajasthan Bihar, Uttar Pradesh, Himachal Pradesh, Punjab, Uttarakhand, West Bengal, Madhya Pradesh, and Jharkhand, among others.Image Source

Next Story
Infrastructure Urban

CONCOR Launches Double-stack Service Between NCR and Varnama

State-run Container Corporation of India (CONCOR) has launched double-stack container train services between the National Capital Region (NCR) and Varnama near Baroda. This initiative aims to facilitate customers at Nhava Sheva near Mumbai, home to Jawaharlal Nehru Port (J N Port). On December 21, the first double-stack container train from Khatuwas and Dadri in NCR reached CONCOR’s Gati Shakti Multimodal Cargo Terminal (GCT) at Varnama, situated along the Western Dedicated Freight Corridor (WDFC). The train carried export cargo destined for J N Port, according to a statement from the state..

Next Story
Infrastructure Transport

Less than 10% of Rs 40 Billion State-aid for Shipbuilding Utilised

A government-sanctioned financial assistance program worth Rs 40 billion, intended to support local shipbuilders over a decade starting in April 2016, has seen minimal utilisation, with only Rs 3.85 billion—less than 10 per cent of the total fund—disbursed thus far. With 15 months remaining before the scheme concludes, its uptake has been limited. The financial aid applies to shipbuilding contracts signed between April 1, 2016, and March 31, 2026. According to a written response provided by Union Minister of Ports, Shipping, and Waterways Sarbananda Sonowal to the Rajya Sabha on December ..

Next Story
Infrastructure Transport

Civil Aviation Minister Opens New ATC Tower at Indore Airport

The Minister for Civil Aviation, Ram Mohan Naidu Kinjarapu, inaugurated the new Air Traffic Control (ATC) Tower-cum-technical block at Devi Ahilyabai Holkar International Airport in Indore, Madhya Pradesh. During the inauguration, the minister toured the facility, where ATC experts explained various technical aspects of tracking and coordinating flights from the newly constructed tower. In addition to the ATC tower, the airport has also introduced a zero-waste plant. The union minister confirmed that this initiative aligns with the government’s commitment to sustainability. Minister Ki..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000