AkzoNobel plans to make major investments in India during the next five years to boost the opportunities in this high-growth market. India is undergoing an enormous economic development and has an increasingly prominent position on the world stage. Since the acquisition of ICI, AkzoNobel has become a major player on the Indian paint market. AkzoNobel employs around 1,500 people in India (including 900 at ICI India) with around €250 million revenue. Six production facilities, two research laboratories and about a dozen sales locations are located in the country across all coatings and chemicals businesses.