Nippon Paint launches its first multi-purpose lubricant spray-RP7 in India

Nippon Paint launches its first multi-purpose lubricant spray-RP7 in India RP7 comprises of a high-quality lubricating oil and a premium rust-preventive concentrate, The multipurpose lubricant industry is valued to be a Rs 3,250 million segment. Chennai, September 12: After making its presence felt in the paint sector, Nippon Paint (India) Private Limited (Decorative Division) on Monday unveiled its first multipurpose lubricant product- RP7.Showcased at the rece ntly concluded Tamil Nadu Cycling League, RP7 will initially be sold in Tamil Nadu and Karnataka. The multip ur pose lubricant is Nippon Paint’s first entrant in a market that is currently valued at Rs 3,250 million, which is also growing at a 20 percent CAGR. A multi-utility lubricant spray meant for household, automoti...