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Kansai Nerolac to set-up paint manufacturing unit at Visakhapatnam

31 Jan 2017 Evaluate

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.


Peers
Company Name CMP
Asian Paints 2542.00
Berger Paints India 478.05
Kansai Nerolac Paint 196.05
JSW Dulux 271.80
Indigo Paints 913.60
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