Highlighting its ability to respond flexibly and quickly to market changes, Henkel is confident that the rise in demand for its products in the industrial space will sustain itself. Announcing the achievement of significant organic sales growth exceeding 7.7 per cent in the first quarter of 2021, the company, supplying high-performance adhesives, sealants and surface treatment products to the auto industry among others, is continuing to pursue its growth agenda of further strengthening innovation, sustainability and digitalization. Reporting that its Group sales have reached around Euro-five billion, an increase of over 0.8 per cent in nominal terms, the company invested in a new 100,000sq. m. facility at Pune early last year. It also announced that it will invest Euro 50 million in India over the next five years.
A part of this investment, it announced, will be used to build the plant and expand it over phases. Impacted by the Covid-19 pandemic, the company is experiencing good traction for its adhesive technologies business unit especially.