Jotun targets 8% pie of decorative paint mkt

By May 2008, the company will have eight Jotun Multicoulour retail outlets in Ahmedabad, Surat, Vadodara and Rajkot.

The company recently launched its plant in Pune at an investment of Rs 100 crore. The plant has a capacity to produce up to 50 million litres of wet paint and 10,000 tonnes of powder coatings.