Asian Paints to invest over INR 2,650 crore in manufacturing multiple key inputs

The company will be investing Rs 2,100 to set up a manufacturing facility for VAE (Vinyl Acetate Ethylene Emulsion) and VAM (Vinyl Acetate Monomer) in India. The plant will have an installed capacity of 100,000 tons per annum for VAM and 150,000 tons per annum for VAE.