StockWatch
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Paints
Expansion4 Aug 2026, 04:17 pm

Kansai Nerolac Expands Industrial Paint Capacity by 3,325 KL/month

AI Summary

Kansai Nerolac Paints Ltd's Board of Directors has approved significant capacity expansions across its manufacturing plants. The company will add 1,750 KL/month of Industrial Paints at Sayakha, 1,625 KL/month at Bawal, and 900 KL/month at Hosur. Additionally, capacity for Powder Coating will increase by 1,215 MT/month and Industrial Resins by 815 MT/month, both at the Sayakha plant. These expansions, aimed at meeting growing demand in the automotive paint industry and supporting backward integration, will be completed in a phased manner by FY 2028-29 and financed through internal cash accruals. Total investment for these projects amounts to ₹432 Crores.

Key Highlights

  • Board approves capacity expansion for industrial paints, powder coating, and resins.
  • Total investment for expansions estimated at ₹432 Crores.
  • Capacity additions to be completed by FY 2028-29.
  • Financing will be through internal cash accruals.
  • Expansions target growth in automotive paint industry demand.