AdvtCapacity expansion and manufacturing plansAdvtExport focus and global integrationBy ,ETManufacturingJoin the community of 2M+ industry professionals. Remmers will take an active role in strategy, technology transfer and global market integration as part of the partnership.Teknovace said the capital infusion will be used to increase its wood coatings manufacturing capacity from 6,000 tonnes to 60,000 tonnes per annum. The plans also include setting up an integrated UV coatings facility, an in-house resin manufacturing unit and a greenfield construction chemicals plant in India. The segment remains import-dependent, with a significant share supplied by European companies, according to the release.Pankaj Singh, Managing Director of Teknovace, said, “Despite India’s rich raw material base, the country has historically been a net importer of high-performance wood coatings. This partnership reflects our confidence in India as a manufacturing base and our ambition to build coatings solutions for global markets,” he said.

Source: Economic Times January 08, 2026 16:13 UTC