"Nippon Paint has committed a ₹200 crore investment to expand its manufacturing footprint across India."

Nippon Paints India, a subsidiary of Japan’s Nippon Paint Holdings, plans to invest about ₹200 crore in India over the next 12 to 18 months as it looks to expand capacity and strengthen its presence across emerging segments, a top executive said recently.

Speaking to reporters at a press conference, Sharad Malhotra, Managing Director of the Nippon Paint (India) Group, said the proposed investment will be used to scale up existing manufacturing facilities, create new capacities in fast-growing segments, and pursue acquisitions of potential companies and factories.

Malhotra said the company currently has limited domestic capacity in categories such as powder coatings and electrodeposition coatings for the automobile sector. “As these products are gaining importance, we will need to build completely new capacities for them in India,” he said.