8 months ago
Nippon Paints to invest ₹200 crore in India
Nippon Paints India, a company that makes paints, is going to spend ₹200 crore in India over the next year and a half.
They want to make more paint in their factories, build new ones for special kinds of paint like those used in cars, and maybe buy other companies.
Right now, they have seven factories and make 200 tons of paint every year.
They sold ₹3,000 crore worth of paint last year and have about 4-5% of the market.
They are also planning to sell their paint in more places, including smaller towns and villages, and are talking to companies that do home painting services through apps.
Nippon Paints India will invest ₹200 crore in India over 12-18 months.
The investment will be used to scale existing manufacturing facilities and build new capacities for emerging segments like automotive coatings.
The company currently operates seven factories with a combined capacity of 200 tons per year.
Nippon India posted revenues of ₹3,000 crore in FY25 and has a market share of 4-5% in India.
The company is planning regional expansion in northern and eastern markets and aims for high-two digit growth this year.
- Who
- Nippon Paints India, a subsidiary of Nippon Paint Holdings
- What
- Investment of ₹200 crore to scale manufacturing presence
- Where
- India
- When
- Over the next 12-18 months
- Why
- To scale existing manufacturing facilities, build new capacities, and acquire companies
Key facts
- Investment Amount
- ₹200 crore
- Investment Period
- 12-18 months
- Current Factories
- 7
- Current Capacity
- 200 tons/year
- FY25 Revenue
- ₹3,000 crore
- Market Share
- 4-5%
- Growth Expectation
- High-two digit range
- Key Segments
- Decorative, Automotive Refinishing, Industrial Applications
Quotes
Sharad Malhotra
Managing Director, Nippon Paint (India) Group
“For categories like powder coatings and electrodeposition coatings for automobiles, we currently have minimal capacity within India. As these products are emerging in significance we will have to build completely new capacities here for them.”
thehindubusinessline.com
“In terms of growth, we are expecting a high-two digit range for this year.”
thehindubusinessline.com
Mark Titus
President Decorative Business, Nippon Paint India
“Today we are covering the top 1000 cities in India but we believe there is tremendous opportunity to explore the semi-urban and the rural sectors.”
thehindubusinessline.com
