Henkel Adhesive Technologies India has announced an investment of about 30 million Euro to set up India’s largest adhesives plant in Kurkumbh, near Pune. The new plant is expected to start production by early 2017. Devendra Fadnavis, other dignitaries from the government along with Jeremy Hunter, president, Henkel Group India, laid down foundation of the plant during a ground breaking ceremony. The plant will cater to the various end user segments such as automotive, metal and industrial sectors. Commenting on the plans, Hunter said, “The Kurkumbh plant is a very important milestone of Henkel’s journey in India. This plant will enable us to localise our product portfolio and reduce imports while bringing the best global technology to India. Considering the proximity of the plant to our customers, it will also help us to work closely with them in developing solutions. We are aiming to win a greater market share in India, which is one of the biggest emerging markets for us.”