Nippon Paint Plans Rs 200 Cr Investment in India

Nippon Paint India has announced a fresh ₹200 crore investment plan to scale its manufacturing presence across the country, marking a major industry push that underscores its confidence in India’s growth prospects.

The company plans to deploy this capital over the next 12–18 months to expand capacity at existing facilities and add new manufacturing lines, particularly for high-growth and technically advanced segments such as automotive coatings, where domestic capacity is currently limited.

This strategic investment comes under the leadership of newly appointed Managing Director Sharad Malhotra, who is driving a consolidated, India-focused operating model. Malhotra emphasized that the company will strengthen its pan-India footprint, moving beyond its traditionally strong markets in the south to capture demand in urban and semi-urban regions across the north and east. The unified model is designed to improve manufacturing flexibility, operational leverage, and distribution reach.

Also Read: Leveraging Modular Construction to Transform Housing in India

Nippon Paint’s current network includes seven manufacturing plants nationwide, with plans to not only upgrade these units but also consider acquisitions of companies or additional manufacturing units to support broader product portfolios. The investment targets expansions that will enhance output for decorative paints, automotive refinishes, OEM coatings, and industrial applications, aligning with the company’s aim to drive double-digit growth in India.

Industry watchers say this move reflects Nippon Paint’s strategy to compete more aggressively with established players by strengthening local production and distribution, meeting rising demand for quality coatings across sectors. With an estimated 4–5 percent market share and about ₹3,000 crore in revenue, India remains a core growth engine for the company’s broader Asia-Pacific ambitions.