Akzo Nobel India, paints and coatings company, is planning to invest Rs 150 crore in a new manufacturing plant at Gwalior in Madhya Pradesh. It has started with the work to establish integrated coatings facility at Gwalior. Currently, the company operates five plants.
In the last fiscal company has enhanced its manufacturing capacity by commissioning a 30 million liters facility in Hyderabad. It also added capacity of coil coatings at Bangalore plant. It has already been put in place with long-term agreements with strategic vendors, thereby guaranteeing raw material availability.
| Company Name | CMP |
|---|---|
| Asian Paints | 2463.40 |
| Berger Paints India | 468.80 |
| Kansai Nerolac Paint | 203.05 |
| JSW Dulux | 2930.65 |
| Indigo Paints | 839.55 |
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