2 May 2017
DETAILS
opened its new headquarters office
for India located in Gurugram
within the National Capital Region (NCR) yesterday.
The new location will also house
an Axalta Global Business Resource Center
which will provide a variety of services
to the company’s operations
in the region and around the world.
The 35,000 square feet facility will enable Axalta
to integrate its corporate office
and other key country business functions
within a single office leading
to improve efficiency and business process management.
The opening follows Axalta’s plant expansion plan
in India announced in 2015.
Axalta established its India business in 1996,
and today operates
* a manufacturing plant in Vadodara
within the state of Gujarat
* along with offices and regional training centers
in Gurugram, Mumbai, Kolkata,
Bengaluru and Vadodara, and supports
an extensive product distribution network
across the country.
Axalta’s business in India serves customers in
* the transportation OEM, refinish
* and industrial sectors of the economy.
According to the World Bank, India’s economy overall
is projected to grow by 7.2 percent
in the current fiscal year,
up from 6.8 percent in 2016.
The auto industry has started to show strong growth
with a CAGR of approximately 7 percent
over the next five years.
In line with original equipment sales, the local car parc
is also expected to grow and lead to increased demand
for Axalta’s refinish products.
Sales of Axalta’s industrial coating products
are poised to take advantage of infrastructure expansion.
Contacts
Axalta Coating Systems
Mark Khanna
T: +91 9650233364
Mark.Khanna@axaltacs.com
www.axaltacs.com/in
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