Techno Paints, a paint manufacturing company and part of Fortune Group, is targeting a turnover of Rs 120 crore during FY21. The company has achieved Rs 90 crore turnover in FY20.
The company has operations across eight states and completed 650 painting projects under commercial and residential building segments.
The company is further expanding its services by appointing dealers in its existing markets in Tier-2 and 3 cities and also in other states.
The current order book of the company stands at Rs 300 crore. The company has five plants with a cumulative capacity of 80,000 tonne and will expand the manufacturing capacity in tune with the market demand.