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Kansai Nerolac Paints to invest Rs 450 cr for expansion

Monday, 05 Oct 2020
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Kansai Nerolac Paints is investing Rs 450 crore to add capacity by 40,000 lakh ltr as it expects demand to grow in double digits in 2020.

The company will increase the capacity at its plant in Amritsar, Punjab.

Nerolac has 5.4 lakh ltr of capacity across its six plants. The new addition will take the output to 5.8 lakh ltr.

Its six manufacturing plants are at Jainpur in Uttar Pradesh, Bawal in Haryana, Chiplun in Maharashtra, Hosur in Tamil Nadu, Sayakha in Gujarat and Amritsar in Punjab. The seventh one is proposed in Visakhapatnam in Andhra Pradesh, which is being postponed by a year due to the pandemic.

 

 
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