AkzoNobel Plans Decorative Paints Facility in India

AkzoNobel’s ICI India business plans to set up a manufacturing facility for decorative paints in southern India with an investment of about $22 million, say Indian press reports. ICI India is one of the leading decorative paints companies in India and the business was renamed last month as Akzo Nobel India. AkzoNobel had announced last month that it plans to make major investments in India during the next five years. AkzoNobel is looking for 75 acres of land in the southern Indian states of Tamil Nadu or Karnataka to build the decorative paints facility...

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