The company is targeting a Rs 100 crore topline by FY29 through wood coatings and other new product categories
Kamdhenu Paints, a manufacturer of paints and emulsions, has commenced indigenous manufacturing of a wood coating range in a bid to diversify its product portfolio with a focus on the premium segment. The company has set up a dedicated production line for wood coatings at its manufacturing plant at RIICO Industrial Area, Chopanki, Rajasthan at an estimated investment of Rs 20 crore.
The development will help optimise cost, improve availability and enable faster servicing for interior designers, architects and furniture professionals, while giving a significant boost to its topline, the company added. The company is targeting a Rs 100 crore topline by FY29 through wood coatings and other new product categories
Kamdhenu’s dedicated wood coating division has rolled a range of wood finishes, including PU wood finishes, high-gloss coatings and allied solutions aimed at enhancing aesthetics, durability and long-lasting protection for wooden surfaces. The products are specifically designed for Indian application conditions, the company added.
“The addition of a new production line for wood coatings is a part of our push to offer premium products at an affordable price range to meet the fast-growing demand for modern interiors and furniture applications. An outlay of 20 crore has been earmarked as we focus on making advanced finishes more affordable for the interiors and furniture ecosystem,” stated Saurabh Agarwal, Managing Director, KCCL.
The market for wood coatings in India, which was estimated to be close to Rs 700 million in 2024, is expected to touch Rs 1.29 billion by 2030, clocking a compound annual growth rate (CAGR) of 10.70 per cent. The growth is led by rapid urbanisation, shift in consumer expectations with a rising preference for high-quality premium furniture and interior solutions.
