New India headquarters for Axalta

Axalta Coating Systems, a leading global supplier of liquid and powder coatings, opened its headquarters office for India located in Gurugram within the National Capital Region (NCR) last month. The 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 35,000ft2 facility will enable Axalta to integrate its corporate office and other key country business functions within a single office leading to improved efficiency and business process management. The opening follows Axalta’s plant expansion plan in India announced in 2015.

"We are very excited to see another significant investment support our future growth in India,” said Robert Bryant, Executive VP and CFO of Axalta Coating Systems, who officially opened the facility.

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% in the current fiscal year, up from 6.8% in 2016. The auto industry has started to show strong growth with a CAGR of approximately seven percent over the next five years.

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 centres in Gurugram, Mumbai, Kolkata, Bengaluru and Vadodara.