Alberto Slikta, Managing Director, Specialty Coatings, AkzoNobel, said, "India is a key market for our growth strategy and this facility will enable us to further strengthen our position as a leading producer while supporting the supply network.

"Additionally, this market shows signs of a high demand for consumer durables and electronics. As demand and volumes rise, we will continue to fortify our footprint in high-growth economies such as India and leverage success models of other markets such as Korea, China and Vietnam. We are committed to organic and sustainable growth and are confident that this facility will enable us to serve our customers better."

AkzoNobel India currently operates six state-of-the-art manufacturing sites and two research centres, along with a network of over 8,800 dealers and distributors.

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