Henkel steps up adhesives biz in India, invests Rs 400 cr in eighth plant

The firm is strong in industrial adhesives, providing solutions to sectors such as automotive, metals, packaging and aerospace

After exiting fast moving consumer goods (FMCG) in India a few years ago, German major Henkel has been quietly ramping up its presence in adhesives, a business that gives it nearly Rs 2,500 crore in revenue. While rival Pidilite is best known for its consumer-centric brands such as Fevikwik and Fevicol, Henkel is strong in the industrial adhesives segment, providing solutions to sectors such as automotive, metals, packaging and aerospace.

On Tuesday, the company launched is eighth plant and first multi-technology unit in India, at an investment of nearly Rs 400 crore. The plant, also Henkel’s largest adhesive manufacturing unit