関西ペイント has announced plans to double its production capacity for automotive coatings in India by fiscal 2030. The company will invest ¥10 billion in total to expand equipment at its 3 existing plants.
Kansai Paint has outlined plans to double its production capacity for automotive paints in India by FY20230. The total investment will be ¥10 billion, which will be used to expand facilities at 3 existing plants.
As part of the capital investment, the company will construct a new building at its plant in Gujarat in western India and expand facilities at 2 plants in Haryana in the north and Tamil Nadu in the south.
The company also plans to double production capacity for industrial paints used in products such as home appliances, in addition to automotive paints, with the aim of establishing a supply system for the Indian market.