AMSTERDAM, The Netherlands – AkzoNobel is one step closer to its goal of accelerating growth and increasing revenue in India to €1 billion within the next five years with the official opening of a new industrial coatings plant near Bangalore, Karnataka, India.

The facility, which will produce coil and specialty plastic coatings, is located in Hoskote on an existing AkzoNobel site, which already manufactures marine and protective coatings, automotive coatings and powder coatings. The new facility will be capable of manufacturing up to 18 million liters per year, with scope for further expansion.