Asian paints is planning to set up Rs 1,700 crore manufacturing plant at Visakhapatnam in Andhra Pradesh. In this regard, Andhra Pradesh government has cleared the administrative hurdles for the project.
The company has agreed to establish the unit soon after the allotment of the land and obtaining due environmental and other clearances from the government.
Asian Paints is India’s largest paint company and Asia’s third largest paint company. The company along with its subsidiaries has operations in 20 countries across the world and 28 paint manufacturing facilities, servicing consumers in 65 countries through Berger International, SCIB Paints-Egypt, Asian Paints, Apco Coatings and Taubmans.