Kansai Nerolac to set up manufacturing unit in Gujarat


Mumbai, May 10 (IANS): Paint manufacturer Kansai Nerolac on Saturday announced plans
for setting up a manufacturing unit in Gujarat at an estimated cost of Rs.350 crore.

According to the company its board of directors at a meeting held on May 8, 2015, approved the setting up of a paint manufacturing unit at Sayakha Industrial Estate in Gujarat.

"The board of directors has approved setting up of a paint manufacturing unit in Gujarat having capacity of 42,000 metric tonnes per year, which is expandable in phases," the company informed the Bombay Stock Exchange (BSE) in a regulatory filing.

 

  

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Title: Kansai Nerolac to set up manufacturing unit in Gujarat



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