Asian Paints will set up a new manufacturing plant in Karnataka. The unit is located at Nanjangud, in Mysore district, on 175 acre.
Recently, the project received the necessary clearance from the State High Level Clearance Committee (SHLCC).
The company is investing Rs 2,400 crore, with a manufacturing capacity of five lakh klpd and is expected to complete the project in two phases. This will give employment opportunities to 1,000 people and it will aim for more in the future.
Asian Paints, with a turnover of Rs 12,700 crore, operates in 17 countries.
More Project Info:
Paints (Nanjangud) Project