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Kansai Nerolac plans Rs 400 capacity ramp up

Kansai Nerolac Paints (KNP) today said it will invest Rs 400 crore over the next three years to increase its paint manufacturing capacity by 40 per cent to 2.8 lakh tonnes per annum.      KNP, in which Japan's largest paint maker Kansai Paint Company has 70 per cent stake, has five manufacturing plants - at Housr in Tamil Nadu, Jainpur in Uttar Pradesh, Perungudi in Tamil Nadu, Lote in Maharashtra and Bawal in Haryana - with a total capacity of 2 lakh tonnes per annum.      "We will invest Rs 400 crore over the next three years to increase ...