New Delhi, Sakarni Plaster (India) Ltd will invest around Rs 450 crore over the next two years to set up two new plants for manufacturing of paints and gypsum boards as well as increasing capacities at existing plants.
Delhi-based Sakarni Plaster has 12 manufacturing plants, mostly in Rajasthan. It makes Plaster of Paris (POP), wall putties (cement and acrylic-based), gypsum boards, premium paints, tile adhesives, construction chemicals, waterproofing systems, and crack-resistant surface solutions. Its total revenue stood at Rs 900 crore last fiscal.