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Nippon Paint to quadruple Indian auto paint capacity with new plant

Part of plan to grab 30% market share

OSAKA -- Nippon Paint Holdings plans to quadruple production capacity for automotive paint in India this year, adding a plant to complement a recent factory upgrade.

The Osaka-based paint maker will spend a total of around 4 billion yen ($34.7 million) on the expansion, raising capacity in the South Asian nation to an annual 25,000 tons of auto paint.

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