Nippon Paint Eyes India Expansion Across 6 Segments After Goyal Talks in Japan
Updated
Updated · Autocar Professional · Aug 31
Nippon Paint Eyes India Expansion Across 6 Segments After Goyal Talks in Japan
1 articles · Updated · Autocar Professional · Aug 31
Summary
Nippon Paint told Commerce Minister Piyush Goyal in Japan that India is one of its most important growth markets and that it plans to deepen its presence there.
The August 30 meeting focused on investment plans, manufacturing and R&D expansion, and rising demand in paints and coatings as India's infrastructure build-out accelerates.
Nippon Paint India said it is targeting market-share gains across six segments, spanning decorative paints, automotive coatings, wood coatings, industrial coatings and newer "beyond coatings" businesses.
The talks came during Goyal's four-day Japan visit with India's largest-ever business delegation, part of a broader push to draw long-term Japanese manufacturing investment under the two countries' strategic partnership.