Clariant Chemicals (India) has announced an investment of Rs 38 crores in its pigments business, at its Roha site in Maharashtra to support the strong market growth in the country. This step has been taken as an initiative to help accelerate Clariant’s business and support R&D to respond faster to local product development needs.
The announcement marks another step in Clariant’s significant commitment to support customers in emerging markets like India with high quality products that are sustainable, sharing the principles of Performance, People and Planet.
The investments also include the construction of a new pigment plant at Roha that will double the plant’s capacity. During the course of the past few months, an upgraded, new technical service laboratory for pigments also commenced its operations in Cuddalore site (Tamil Nadu).
Dr Deepak Parikh, Managing Director and Vice Chairman, Clariant Chemicals (India) said, “These initial steps are the first in a broader strategy to invest and develop our capabilities in India in order to better serve our customers and provide them with the high quality products and superior technical support they need to be successful in growing their business.”
EP News Bureau – Mumbai