Asian Paints to Build ₹340 Crore UAE Plant as Global Demand Rises

Asian Paints is expanding its global footprint by investing ₹340 crore to set up a new manufacturing facility in the United Arab Emirates. According to its exchange filing, the plant will be developed by Berger Paints Emirates, a step-down wholly owned subsidiary, in the Khalifa Economic Zones (KEZAD), Abu Dhabi.

Plant Capacity and Location Details

The upcoming facility will have an annual production capacity of 55,800 kilolitres, spread across 100,000 sq. meters. This will be the second plant for Berger Paints in the region, strengthening the company’s presence in the Middle East.

International Business Momentum

Asian Paints’ decision to set up a new plant follows a strong performance from its overseas operations. In Q2 FY26, the company’s international revenue rose 9.9%, reaching ₹846 crore, up from ₹769.5 crore in the same quarter last year.

Its profit before exceptional items and tax from the international business also doubled to ₹76 crore, compared to ₹34.7 crore in Q2 FY25.

Expanding Production Across India

Along with global expansion, Asian Paints is also increasing capacity in India. Recently, the Madhya Pradesh government approved its 4 lakh KL per annum manufacturing facility, part of a ₹2,000 crore investment plan.

The company has applied for environmental clearance and has been permitted to start production within 3 years once approval is received.

Also Read: Jio Platforms May Be Valued Up to US$170 Billion Ahead of IPO!

Asian Paints Share Price Movement

Asian Paints share price closed at ₹2,872.00 on November 26, slipping slightly by 0.13%. During the day, the stock opened at ₹2,880.00, hit a high of ₹2,896.20, and touched a low of ₹2,857.60. The company commands a strong market capitalisation of ₹2.76 lakh crore and trades at a P/E ratio of 70.69. It offers a dividend yield of 0.87%, with a quarterly dividend payout of ₹6.25. The stock is trading close to its 52-week high of ₹2,926.90, well above its 52-week low of ₹2,124.75.

Conclusion

Asian Paints’ new UAE plant marks another major step in its global growth strategy. With rising international sales and strong expansion plans both abroad and in India, the company is positioning itself for higher demand and stronger market leadership in the paints and coatings industry.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks. Read all the related documents carefully before investing.