Asian Paints signs MoU to set up Rs 735 cr plant

Industry:    2015-11-30

MUMBAI: Paint-maker Asian PaintsBSE -1.35 % on Monday announced it has signed a Memorandum of Understanding (MoU) with the Maharashtra government to set up a Rs 735 crore mega project for manufacturing paints and intermediates. The project will be implemented within five years, Asian Paints said in a filing to the Bombay Stock Exchange. “I am extremely happy that Asian Paints is further consolidating its long-term relationship with the state by bringing this core project in ..

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