AP Government signs MOU with Asian Paints.

CBN’s Government signs MOU with Asian Paints.

Asian Paints is setting up a manufacturing unit in Pudi Village of Visakhapatnam with an investment of Rs 1,750 Crore. CBN’s Government signed a MoU with Asian Paints to this effect. Coming up on an expanse of 110 acres, the plant will produce 4 lakh litres of paint every year.

Speaking on the occasion, Asian Paints International President Mr. Jalaj Dani appreciated CBN for ensuring clearances in quick time.

Highlights:

· 700 jobs to be created
· Locals will be given a priority
· AP State Skill Development Corporation (APSSDC) will train locals in required skills