 "Berger enters marine paints; to also bring Bolix brand to India")
Berger Paints has entered into a partnership with Japan-based Chugoku Marine Paints (CMP). This also marks its entry into the marine paints segment.
Berger will initially be a production partner for CMP India but the partnership also opens up the possibility of a future joint venture (JV).
Abhijit Roy, managing director of Berger, said CMP would procure paint from the former's VVN plant in Gujarat, which has an installed capacity of 4,000 tonnes a month. “However, we might opt for a JV to enter this segment directly,” he said.
Berger's factories at Jejuri in Maharashtra and in Puducherry
