Kansai Paint Invests Billions to Double Indian Production Capacity
Japanese manufacturer Kansai Paint announced plans to invest 10 billion yen, equivalent to approximately $63.3 million, across three of its factories in India. According to the company, the funding will be used to double its production capacity for industrial and automotive paints and coatings by fiscal year 2030. The firm stated that this strategic expansion is aimed at maintaining its current 60% market share within the region as demand continues to grow.
Originally published by Nikkei Asia | 21 October 2026 | Read original: https://asia.nikkei.com/business/companies/japan-s-kansai-paint-to-double-india-automotive-coating-output
More from India's Pulse