Kansai Nerolac Paints has increased planned capacity of manufacturing unit at Goindwal Sahib near Amritsar in Punjab to 52800 KL per year from 36000 KL (i.e. 38000 MT). The budgeted cost of the project has also increased from Rs 180.50 crore to Rs 216.50 crore.
Earlier, the company's board had approved the setting up of a paint manufacturing unit at Goindwal Sahib near Amritsar in Punjab having capacity of 38000 MT per year, which is expandable in phases, at an estimated cost of Rs 180.50 crore.
Kansai Nerolac Paints is amongst the leading paint companies in India. The company offers a range of products, including decorative, Automotive Coatings and Performance coatings.