In Conversation with Nippon Paint India's Sharad Malhotra

Leading Japanese automotive paint supplier Nippon Paint's Indian operation is expanding its business into the Middle East region to tap into a US$ 250 million annual market opportunity. The company aims to scale its business to Rs 100 crore over the next two years.

By Mayank Dhingra calendar 14 Oct 2023 Views icon6352 Views Share - Share to Facebook Share to Twitter Share to LinkedIn Share to Whatsapp
In Conversation with Nippon Paint India's Sharad Malhotra

Nippon Paint India which clocked Rs 500 crore in revenues in FY23 has expanded its business into the Middle East with a new subsidiary - Nippon Paint Middle East - which serves markets like the UAE, Oman, Qatar, Kuwait, and Bahrain, and aims to be one of the leading aftermarket players in the region. 

Sharad Malhotra, President, Automotive Refinishes and Wood Coatings, Nippon Paint India talks about the company's growth plans for the Middle East market, which offers a US$ 250 million annual opportunity. Nippon Paint Middle East will also soon expand its portfolio to offer water-based paint products which are environmentally friendly, and aims to set up local manufacturing as well to cater to the growing demand from the region. Nippon Paint India aims to aggressively grow its Middle East business to touch Rs 100 crore milestone by 2025.

In Conversation with Greaves Electric Mobility's Nirmal NR

auther Autocar Pro News Desk calendar17 May 2024

The company aims to double its production and sales by introducing new products in both the L3 and L5 segments.

In Conversation with Speedloop Auto's Aditya Puppala

auther Autocar Pro News Desk calendar13 May 2024

Autocar Professional and Autodesk partnered to bring a unique conversation - InnerCircle: A CXO Roundtable - to delve i...

In Conversation with Kalyani Powertrain's Krishan Kohli

auther Autocar Pro News Desk calendar08 May 2024

The company's President and CEO discussed their retrofitting business for commercial vehicles, focusing on electrifying ...