Kansai Nerolac Paints (KNPL) plans to invest Rs 600 crore to enhance its production capacity by 50 per cent over the next three years. The company is planning for a price hike post October.
The company has also appointed Bollywood superstar Shah Rukh Khan as brand ambassador for promoting its eco-friendly paints. The company currently has 100 colour stylers and 25 impression style zone outlets and is planning to add nearly 150 and 40 more.
KNPL holds a 12% market share in the decorative paints segment and is looking at an 18-20% growth during FY11.
crackcrack| Company Name | CMP |
|---|---|
| Asian Paints | 2440.35 |
| Berger Paints India | 472.65 |
| Kansai Nerolac Paint | 200.70 |
| JSW Dulux | 2958.70 |
| Indigo Paints | 837.15 |
| View more.. | |
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