Kansai Nerolac Paints has received an approval for setting up a paint manufacturing unit at Achutapuram, Visakhapatnam District in Andhra Pradesh having capacity of 60,000 KL per year, which is expandable in phases, at an estimated cost of Rs 304 crore. The board of directors at its meeting held on January 31, 2017, has approved for the same.
Kansai Nerolac Paints is amongst the leading paint companies in India. The company’s manufacturing facilities are located at Uttar Pradesh, Maharashtra, Tamil Nadu and Haryana.